BitMEX is preparing to launch an innovative trading feature that allows users to trade their favorite perpetual and futures contracts using ETH as both margin and settlement currency. This update will introduce new trading strategies while enhancing BitMEX's versatility.
Key Features of ETH-Based Trading
Expanded Asset Options
- Trade ETH-margined Perpetual Swaps and Futures on Testnet (simulated trading environment).
Deposit ETH to your mainnet account in advance via:
- Direct transfers
- Spot trading
- Crypto conversion
- Fiat purchases
Strategic Advantages
- Enables hedging opportunities and cross-margin efficiency.
- Complements existing BTC/USDT margined products.
Recent Platform Enhancements
- Follows the launch of BitMEX Spot, supporting 7 major cryptocurrencies (including BTC/ETH) paired with USDT.
- Traders automatically qualify for a $1M+ prize pool giveaway (1 entry per $250 traded).
Frequently Asked Questions
Q: When will ETH margins go live?
A: Exact dates will be announced soon. Testnet is currently available for practice.
Q: Can I use ETH profits to margin other trades?
A: Yes, ETH acts as unified collateral across supported contracts.
Q: Are there fees for converting ETH to USDT?
A: Standard conversion fees apply via the Crypto Converter.
👉 Join BitMEX’s Discord for Updates
What’s Next?
BitMEX continues evolving with:
- More asset-backed contracts
- Streamlined interface improvements
- Expanded educational resources
Stay connected via Twitter or Telegram for real-time announcements.
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