Post
Topic
Board Trading Discussion
Re: To Trade on Bitmex or Not to Trade on Bitmex That is the Question
by
butka
on 03/12/2018, 13:52:49 UTC
And if you think about trading on bitmex or not, it is better to read this article:
https://medium.com/swlh/a-storm-is-brewing-over-the-largest-bitcoin-exchange-f956324b449f

Thanks for the link. The article is really great. I'll quickly quote the main conclusions here:

Quote
1. BitMEX trades against their customers
2. BitMEX weaponizes their server problems
3. BitMEX monetizes customer liquidations through their insurance fund

so that everyone can have a quick look at them and keep these problems in mind while trading. The article also suggests several ways Bitmex could use to eventually fix these problems.