Older complaints also appeared to include issues relating to low liquidity, but this no longer appears to be an issue. If this exchange was not trying to break rules, they would accept US customers. Thanks again.
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When using leverage, two things are added to your trade setup:. In this example, our leverage is set to 5x. In the following example, the trader has taken a x long position.
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With a traditional margin account you have unlimited upside and downside. Daniel Jeffries February 2. That means we can buy up to 3.
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Security measures on the exchange are broken down into four categories: Wallets: all BitMEX wallet addresses are multisignature so even in the case of an extreme hack that compromised servers, the trading engine and database the attacker would not be able to access the keys necessary to steal funds. Its daily volume speaks for itself which also conveys that it is a legit exchange. Ultra low trading costs and minimum deposit requirements. Note: BitMEX fees are much higher than on conventional exchanges because the fee applies to the entire leveraged position. Trading fees are low but vary between contracts, depending on which crypto or fiat currencies are involved and also on the nature of the contract eg.
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If you use x leverage to acquire Bitcoin, you will either make a lot of profit or incur a lot of losses. The professionals by CryptoMedics have a great calculator designed for exactly that question. BitMEX is clearly not a platform that is not intended for the amateur investor. We have been notified. BitMEX also offers trading guides which can be accessed here.
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