The global cryptocurrency derivatives exchange BitMEX will allow retail and institutional investors to buy, sell and trade digital currencies.
Company announcedwhich launches its own platform for spot cryptocurrency trading BitMEX Spot Exchange.
At launch, the exchange will support seven cryptocurrency trading pairs: BTC, ETH, Polygon (MATIC), ApeCoin (APE), Uniswap (UNI), Axie Infinity (AXS), and Chainlink (LINK). The company plans to enter the top ten largest spot exchanges in the world. According to the announcement, the company decided last year to create its own spot exchange to meet the growing demand for digital assets from customers:
“We are not going to stop there and will continue to develop our crypto ecosystem. In the future, we will add more trading pairs and provide our users with more opportunities to participate in the cryptocurrency market.”
BitMEX was founded in 2014 and is one of the largest digital currency trading companies in the world. Previously, the exchange specialized only in derivatives, allowing users to buy and sell contracts such as options, futures and perpetual contracts on a wide range of crypto assets.
Recall that in March, BitMEX co-founder Samuel Reed admitted (Samuel Reed) pleaded guilty to violating the US Bank Secrecy Act, as well as to willfully violating AML and KYC rules.
Source: Bits
I’m James Harper, a highly experienced and accomplished news writer for World Stock Market. I have been writing in the Politics section of the website for over five years, providing readers with up-to-date and insightful information about current events in politics. My work is widely read and respected by many industry professionals as well as laymen.
