BitMEX Announcements

2021-04-22 04:59:20 Beyond Derivatives: BitMEX’s Road Ahead

BitMEX was established in 2014 to bring something from the traditional world - professional-grade derivatives - into the purely digital space of crypto. We’ve experienced incredible success throughout our short history. But the crypto landscape has evolved rapidly in the last few years, and it’s time for BitMEX to make a strategic shift.

We’re proud to announce that today marks the start of that transformation. Every journey starts with an ambitious goal. Ours is to become one of the world’s largest regulated crypto derivatives exchanges and a powerful catalyst for change in the financial services industry.

We will do this by greatly expanding our derivatives offering and by adding five new global business segments:

Spot
Brokerage
Custody
Information Products
BitMEX Academy

Read more from our CEO Alex Höptner here: https://bit.ly/3egLujC Open / Comment

2021-04-19 14:25:05 Zero Overloads on One of the Biggest Trading Days in Our History

This weekend’s market moves saw Bitcoin as well as the majority of the top ten cryptocurrencies by market capitalisation dip in price by 10 percent or more, with record trading and some exchanges experiencing technical difficulties.

In past years, as we’ve scaled, overloads in busy periods have been a particularly frustrating issue for our users. Fixing these has been one of our biggest priorities - and we’re pleased to see these efforts paying off.

The system performed exceptionally well throughout the weekend with zero overloads despite Sunday being one of our biggest-ever trading days, meaning every order placed during this time was processed. We also clocked an end to end order request to response latency of less than 12 ms for the majority of requests (quicker than the refresh rate on a typical gaming monitor).

This stands in contrast to the stability of many other exchanges during the same time period, and comes amid very high volumes - including the equivalent of over US$9 billion traded on 18 April alone.

Read more here: https://bit.ly/3tA6OHd Open / Comment

2021-04-19 13:15:38 BitMEX Indices to Temporarily Exclude Binance During its Scheduled Downtime

Effective 20 April 2021 at 02:00 UTC, BitMEX will temporarily remove Binance from its indices in response to Binance’s scheduled downtime, which was announced earlier today.

Scheduled downtime on Binance is expected to last for 2 hours and will affect the 20 BitMEX indices listed below. Binance will be reintroduced to our indices once trading has resumed. We will announce the reintroduction 15 minutes in advance.

The impacted indices are:
.BXRP;
.BETHXBT, .BXRPXBT, .BBCHXBT, .BLTCXBT, .BEOSXBT, .BADAXBT, .BTRXXBT;
.BAAVET, .BADAT, .BBNBT, .BDOGET, .BDOTT, .BEOST, .BLINKT, .BTRXT, .BUNIT, .BXLMT, .BXTZT, and .BYFIT.

All traders should be aware that the price of these indices may fluctuate substantially, and should exercise caution when trading products referencing these indices during this time.

Should you have any questions, please contact Support: www.bitmex.com/support Open / Comment

2021-04-16 02:03:19 Yes ... I Read the Whitepaper - Crypto Trader Digest

“Only when you witness and appreciate beauty can you protect your capital from ugliness.”

New Crypto Trader Digest from the inimitable Arthur Hayes out now: https://bit.ly/3sidurX Open / Comment

2021-04-08 06:16:56 Scheduled Upgrade Complete

Our scheduled upgrade today was completed successfully, with trading resuming as planned at 02:45 UTC.

For any questions, please contact Support: www.bitmex.com/support Open / Comment

2021-04-08 04:21:41 Reminder - [Mainnet] Scheduled Temporary Downtime in One Hour

Please be reminded that we will temporarily halt trading in our production (Mainnet) environment on Thursday, 8 April at 02:15 UTC to facilitate a major upgrade to the system architecture. From this time, any order actions will be rejected. Deposits made will be queued for processing.

The system will be online again in cancel-only mode from approximately 02:35 UTC. Order cancel requests and deposits will be processed normally. Continuous trading will recommence from approximately 02:45 UTC.

From the halt of trading until continuous trading resumes, there will be no Mark Price updates and hence no liquidations.

For more information, please see our blog: https://bit.ly/3dgQsfP Open / Comment

2021-04-07 07:09:04 Reminder - Scheduled Downtime for 8 April

Please be reminded that we will temporarily halt trading on the BitMEX platform on Thursday, 8 April at 02:15 UTC to facilitate a major upgrade to our system architecture. From this time, any order actions will be rejected. Deposits made will be queued for processing.

The system will be online again in cancel-only mode from approximately 02:35 UTC. Order cancel requests and deposits will be processed normally. Continuous trading will recommence from approximately 02:45 UTC.

From the halt of trading until continuous trading resumes, there will be no Mark Price updates and hence no liquidations.

For more information, please see our blog: https://bit.ly/3dgQsfP Open / Comment

2021-04-02 02:13:46 All Aboard! - Crypto Trader Digest

All aboard, crypto traders - in the latest edition of Crypto Trader Digest, take a deep dive with Arthur into the ‘bedrock of the crypto capital markets’ - the Cash-and-Carry trade.

Read it here: https://bit.ly/3mb2bk9 Open / Comment

2021-04-01 06:19:56 Reminder - Scheduled Downtime for 8 April

Our scheduled upgrade today on Testnet was completed successfully. Please be reminded that we will temporarily halt trading on the BitMEX platform on Thursday, 8 April at 02:15 UTC to apply the same upgrade. From this time, any order actions will be rejected. Deposits made will be queued for processing.

The system will be online again in cancel-only mode from approximately 02:35 UTC. Order cancel requests and deposits will be processed normally. Continuous trading will recommence from approximately 02:45 UTC.

From the halt of trading until continuous trading resumes, there will be no Mark Price updates and hence no liquidations.

For more information, please see our blog: https://bit.ly/3dgQsfP Open / Comment

2021-04-01 04:06:15 Reminder - [Testnet] Scheduled Temporary Downtime for 1 April

Please be reminded that we will temporarily halt trading in our Testnet environment on Thursday, 1 April at 02:15 UTC to facilitate a major upgrade to the system architecture. From this time, any order actions will be rejected. Deposits made will be queued for processing.

The system will be online again in cancel-only mode from approximately 02:35 UTC. Order cancel requests and deposits will be processed normally. Continuous trading will recommence from approximately 02:45 UTC.

From the halt of trading until continuous trading resumes, there will be no Mark Price updates and hence no liquidations.

For more information, please see our blog: https://bit.ly/3dgQsfP Open / Comment