Bitmex, an exchange established in 20 14, has experienced six years of development, and the trading volume in the market is as high as175 billion, which is very active. It is the most advanced international station for bitcoin derivatives, providing 100 times leverage for bitcoin products and high leverage for other digital currency products. However, there have been scandals in the market, including the leakage of users' mailboxes on the 20 19 platform, but in the end the official only responded in a few words.

Bitmex is a pioneer in permanent contracts. Perpetual swap, also known as contract-for-difference in traditional markets, is a derivative similar to traditional futures contracts, but it has no expiration date or delivery date. It simulates the spot market based on margin, and uses a financing mechanism called interest rate of funds, which is a payment of interest rate of funds between buyers and sellers of perpetual contracts, aiming at keeping the transaction price consistent with the marked price.

This exchange is not well-known in China, and its users are mainly concentrated overseas. For users who like to play contracts, they will prefer domestic platforms. Bitmex's main product is perpetual contract, and the best perpetual contract exchange in China is 58COIN, which is the first USDT perpetual contract and the first mixed contract. There is no pin, no downtime, no capital fee and position fee, and no leveling.