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Author Topic: Bitmex Trading legit or not?  (Read 101 times)
harshmonty3 (OP)
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March 27, 2018, 04:39:36 PM
 #1

Hello guys

i have found a exchange named bitmex give leverage trading upto 100x .

Is it a genuine way to make some quick money or an another scam ??
 
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buytheeffinD
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March 27, 2018, 04:40:58 PM
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It is 100% not a scam, they have been around a while and are reputable. But playing with 100x you may not get scammed, but you may indeed get rekted. Be careful out there folks Wink

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March 27, 2018, 04:43:04 PM
 #3

Bitmex is a legit exchange which has been running for few years now. x100 leveraged trade is attractive but you are going to get liquidated faster than blinking your eyes. Going so much high on a leverage is nothing but gambling. You are better off staying below the x20 leverage. Cause any thing above that in the current market scenario is going to be crazy.

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March 27, 2018, 04:46:44 PM
 #4

As far as I know Bitmex is legit, and is advertised by a few reputable people in the cryptocurrency space. Though not because it's legit it doesn't necessarily mean it's "easy money". Leverage trading is definitely not easy quick money. If it was, then even newbies can easily make money off it, which I highly highly doubt.

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bachanhlac
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March 27, 2018, 04:53:18 PM
 #5

This operation of Bitmex is a Legal. I'm trading in it and i dont see anything call "scam".
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