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BitMEX Review — Is BitMEX Scam or Legit?

BitMEX Exchange Rating
Account Types9.5
Trading Speed9.1
Customer Service9.4
Safety9.3
9.3
Conclusion
Read our BitMEX review and learn why we recommend this exchange for online trading and why it is not a scam, learn all you need to know in this BitMEX review before you sign up with the exchange.

BitMEX Review

BitMEX logo

When choosing the best Exchange to work with, it is important to look at many aspects of its service. BitMEX has many advantages and offers a flexible financial product appreciated by thousands of retail traders from over 50 countries. By offering a rich selection of assets to its customers and providing unique investment opportunities, this company makes sure that it has a consistently growing client base.

The trading terminal at BitMEX

Without proper analytical tools and a responsive terminal, you won’t be able to be profitable in the long run. It is crucially important to have an instrument that facilitates efficient trading, reliable analysis, and simplicity of control.

Here are some features of the native terminal at BitMEX:

  • The selection of technical indicators is rich enough to allow experienced traders to build sophisticated strategies and break down market situations without much effort. You can apply your favorite indicators to the price chart. RSI, moving averages, Bollinger Bands, and more.
  • Drawing instruments that allow you to overlay support and resistance lines on the chart are also essential in the arsenal of any trader who wants to be efficient at forecasting. This terminal allows you to use a variety of such tools.
  • You can increase the speed with which you place orders and react to price changes by using features like one-click order placement. Additionally, the terminal is directly integrated into the web infrastructure of the Exchange meaning that instant execution here is instant.
BitMEX website

Financial instruments at BitMEX

The catalog of available assets is diverse and provides a good selection. Whether you want to find a very stable asset to work with or require something more volatile for your strategy to work, the array of financial instruments on this trading platform will be able to offer something suitable.

Traders using this platform can access derivatives based on commodities, stocks, indices, and cryptocurrencies. Of course, currency pairs are also abundant. Make a selection based on your preferences and background in financial analysis.

Educational materials at BitMEX

About 30% of all retail traders working in the FX industry do not have any background in investing or financial markets. They need additional education to be safe and make informed decisions. BitMEX provides a plethora of insightful materials:

  • Informative articles that contain detailed breakdowns of market situations and most recent events affecting the global economy;
  • Interesting guides that explain how to use contemporary trading strategies to great effect without overwhelming you with unnecessary technobabble;
  • Tips and tricks from seasoned professionals who have seen the market contracting and expanding many times.

Customer support at BitMEX

If you can judge the quality of products by the quality of service, BitMEX offers an exceptionally great product because its customer support system is superb. You will be able to receive assistance at a moment’s notice. Specialists employed by BitMEX are knowledgeable and usually solve any issue within minutes.

You can reach out to the support team via multiple communication channels including various social media platforms, e-mail, and more.

Banking at BitMEX

The company provides a plethora of different payment methods to its clients to ensure that they have easy access to financial markets. You can use a plethora of different payment methods to top up your balance:

  • Use plastic cards issued by VISA and MasterCard. Note that the service may reject virtual cards, but physical cards will work 100% of the time.
  • Bank transfers can be excruciatingly slow. Deposits are processed within 3 business days. Withdrawals may be delayed by up to 5 business days.
  • Novel methods like online financial services and cryptocurrencies are also worth considering, but they can be limited depending on where you live.

Conclusion

BitMEX is a highly reliable company that operates in one of the most competitive industries in the world. If you want to trade with an experienced provider, this brand deserves your attention and trust.

BitMEX Exchange Rating
Account Types9.5
Trading Speed9.1
Customer Service9.4
Safety9.3
9.3
Conclusion
Read our BitMEX review and learn why we recommend this exchange for online trading and why it is not a scam, learn all you need to know in this BitMEX review before you sign up with the exchange.

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Alexander Fyodorov (Ukraine)

Alexander Fedorov is a new writer on Tokenhell, his articles are about on cryptocurrency news and platform reviews. We recommend keeping an eye on his latest posts as they are always very informative and super interesting.

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