BitMEX Introduces Multi Asset Margining to Simplify Trading

user avatar

by Giorgi Kostiuk

2 years ago

BitMEX, a leading crypto derivatives exchange, has announced the launch of the new Multi Asset Margining feature, which allows traders to use diverse margin currencies for trading derivatives.

What is Multi Asset Margining?

Multi Asset Margining allows traders to use multiple currencies, such as USDT, USDC, ETH, and XBT (Bitcoin), for derivatives trading. This feature simplifies the trading process by eliminating the need for asset conversions or wallet transfers and will expand the list of available currencies in the future.

How Multi Asset Margining Works

BitMEX's new Multi Asset Margining system automatically allocates a user's funds to efficiently meet the margin requirements of their positions. The feature can be easily enabled through account settings, and available margin is displayed on the Wallet page.

The launch of Multi Asset Margining on BitMEX marks a transformative milestone in simplifying trading for our users and enhancing their capital efficiency.Stephan Lutz, CEO of BitMEX

Benefits for Users

With Multi Asset Margining, users can open and maintain positions using currencies other than the contract's settlement currency, eliminating the need for cumbersome asset conversions. This allows holding multiple currencies and engaging in diverse markets simultaneously.

The launch of BitMEX's Multi Asset Margining provides users with new opportunities for capital management and simplifies their engagement with the crypto derivatives market, marking an important milestone in the exchange's development.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

FINMA Approves First Swiss Retail Bitcoin ETF

Switzerland's financial regulator, FINMA, has approved its first retail ETF that invests directly in Bitcoin, allowing retail investors to gain regulated exposure to Bitcoin.

user avatarMaria Gutierrez

EIP7906 Proposal Considered for Enhancing Ethereum Transaction Safety

The Ethereum Foundation is considering EIP7906, which proposes a readonly post-transaction frame to evaluate changes and events before accepting transaction outcomes.

user avatarDavid Robinson

Ethereum Foundation Investigates Enhancements to Transaction Safety

Researchers at the Ethereum Foundation are examining native transaction assertions to enhance transaction safety and reliability in digital asset markets.

user avatarAndrew Smith

Ethereum Developers Delay Glamsterdam Upgrade on Hoodi Testnet

Ethereum developers have postponed the Glamsterdam upgrade initially scheduled for the Hoodi testnet on October 26, with no new activation date provided.

user avatarJacob Williams

Samsung and Solana to Enable Cross-Border USDC Transfers in Samsung Wallet

Samsung and Solana announced plans to integrate cross-border USDC transfers into Samsung Wallet, targeting 82 million US Galaxy devices.

user avatarZainab Kamara

More Americans Have Tried Crypto Than Last Year, But Usage Remains Flat

A recent survey shows that 22% of Americans have tried cryptocurrency, up from 18% last year, but active usage remains flat at 13%. Curiosity drives interest in crypto.

user avatarSon Min-ho

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.