Post
Topic
Board Trading Discussion
Re: Bitmex Destroying Crypto`s Quality
by
eaglewhite80
on 18/09/2018, 14:28:18 UTC
Isn't Bitmex should ban? Aren't they are destroying the quality of the Cryptocurrencies.

What's the reason behind?

Tbh, bitmex plays a significant role in price fluctuations, or should say manipulations

however I think its not a ground for getting it banned

Some folks also got these exchange a fortune, but probably more got rekt

btw, its not only bitmex offers such huge margin out there Wink
At this stage, if people do not understand that leverage trading is certainly not the way to go, and it is more susceptible to manipulations, then I do not know when they will actually get it. This is a decentralised space with little or no regulation at all and for leverage trading, that makes it easy for manipulations.

I see no reason why bitmex should be banned or why any leverage platform should be banned, it is a choice and there other better ways to trade than leveraging. People always want big money, but like they always say, bigger profits leads to bigger risks.