Where is BitMEX exchange ranked? Where does it rank globally?

BitMEX ranks 11th among global cryptocurrency derivatives exchanges and 12th by trading volume in the past 24 hours. It is a Seychelles-based exchange that has been operating since 2014 and is known for its advanced trading platform, high-leverage trading options, and wide range of trading tools.

BitMEX Ranking

Global Ranking:

As of February 13, 2023, BitMEX ranked 11th among global cryptocurrency derivatives exchanges, according to CoinMarketCap.

Trading Volume Ranking:

According to CryptoCompare, BitMEX ranks 12th among cryptocurrency derivatives exchanges by trading volume over the past 24 hours.

Details:

BitMEX is a Seychelles-based cryptocurrency derivatives exchange operating since 2014. It specializes in cryptocurrency futures, swaps and perpetual contracts. BitMEX is known for its advanced trading platform and high leverage trading options.

In recent years, BitMEX has attracted attention due to its legal disputes with the U.S. Commodity Futures Trading Commission (CFTC). In 2020, the CFTC accused BitMEX of operating illegally and exploiting customer funds. The case remains pending.

Despite the controversy, BitMEX remains a popular choice for cryptocurrency derivatives trading as it offers a variety of trading tools and features. It is popular among experienced traders because of its high leverage and large trading volumes.

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