Post
Topic
Board Trading Discussion
Re: What is the point of bitmex?
by
locsta123
on 20/06/2018, 18:47:01 UTC
So I just signed up for bitmex and Im checking it out it has 4 coins and the only pair is usd but when I click on deposit it only allows me to deposit btc. I don't understand how to trade the other currencies if I could only trade with USD.

Also are you able to transfer usd into your bank account from bitmex?

Has anyone used this exchange do you like it?
It's a bit complicated , I adivse you to watch some youtube videos and read more about it before working with it . If you are not an expert or a good trader i really don't recommend trading with levrage as it's very risky and could easily make you lose your capital. Be safe out there ,because I have many friends who thought they are going to make hella money on bitmex yet they all got rekt.

Hey ok cool thanks for the advice yea I signed up and then was just like uhhhh..... LOL But when I get some time I'll check it out I'm more of a holder than a trader though (too much time/energy/effort to trade) I'd rather just hold not pay attention then one day just cash out Cheesy

The easier the better in my mind, although trading really intrigues me I'd just think I might lose money too easily Cheesy