Site looks really good ... I like the new UI, and that yoontracts are so small ($1 per) ... so when volume picks up it should trade like butter. So discouraging to see you not have any volume right now. I guess that is my hang up here. 796 Exchange has the volume, and I'm comfortable there. I guess mostly Chinese speakers trade on 796, and English speakers don't trade futures yet? Hmmm .... that could change ...
OkCoin
Yeah a lot of English speakers trade futures. Okcoin has quite the volume.
Yeah small contract sizes are nice on Bitmex. They also have 25x leverage. They're also using the XBT quanto series which means you profit more when the price goes up and lose more when it goes down. And all the contracts are set for much longer time frames. 1 month, quarterly, half year.
I think it's good that Bitmex is differentiating themselves. They aren't exactly competing directly. Also they're a great alternative and place to go if people want a site that they can trust.
Also Bitmex has 0% fees for a month which is amazing. (And if you sign up with
referral codes you get 10% off for a half a year). And they're not going to have crazy high fees like some other sites
Also speaking of differentiating, Bitmex will be launching a new product soon. I'm really excited for it.