deisik (OP)
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January 07, 2019, 11:07:13 PM |
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Is it worth using this exchange for hedging against volatility?
For this purpose specifically I've been using Bitfinex, but I'm not quite happy with it. While it is possible to build good hedging strategies there using covered shorts, yesterday, all of a sudden, I had my position wrongfully liquidated. After some time, when I already opened it again, the exchange restored the original position, so I effectively ended up with double shorts having to liquidate half of them myself. I demanded the exchange to compensate the losses thus incurred (spread, trading fees plus interest paid) but so far I received no response from them
Obviously, this makes the whole endeavor not worth it at Bitfinex as you can have your position liquidated for an arbitrary reason or even without any reason at all. So is Bitmex worth a try or is it the same shit as Bitfinex? What are other exchanges suitable for the job in question?
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