BitMEX

What do you like best?

The only good thing about Bitmex is being able to trade on high leverage, however, many new platforms such as PrimeXBT and Deribit are taking the spotlight lately.

What do you dislike?

Most of the time I find a good opportunity or predict a crash that I've already placed trades on - Bitmex decides to freeze, making my orders impossible to access and once it reopens, it appears that I've been liquidated DESPITE having stop loss in place. I'm finding it impossible to trade safely without being dumped on by its creators.

Recommendations to others considering the product:

Spare your nerves and money, find a better product to use since this is a product of the cryptocurrency bear market and won't satisfy your needs be it professional, educational or beginner in trading. The platform is a simple meta, without real infrastructure to back it up. Apart from the freezes, order submission errors there are various sources pointing towards Bitmex trading against their clients. You will have higher chances of success at a casino.

What problems are you solving with the product? What benefits have you realized?

Bitmex provides x100 leverage, however it's on limited pairs and that's no longer a benefit in the industry.