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Author Topic: Is this best perp DEX to trade BTC and other coins for beginners?  (Read 61 times)
0xredhot (OP)
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January 12, 2026, 03:19:01 PM
 #1

I use Perpmate DEX to trade BTC with leverage, I always suggest to use it to all my friends who starting with perp trading as there no difficult technical analysis tools no confusion, just long and short and price + chart, so I would love to share my experience here too, my friends love it. There are obviously drawbacks, as it still missing some functions but they can make money neverthless, but there is one drawback, are there any good other dexes to long/short perps but with good fiat onboarding flow? My friends had a hard time to understand how to get USDC on arbitrum network so I had to supply them with ETH on arbitrum and explain how to swap it to USDC or just send them USDC on arbitrum directly as perpmate requires this for trading. Are there any other Perp dexes who let you trade easily by supplying fiat in less than 2 steps?
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January 12, 2026, 03:28:58 PM
 #2

You are only here on this forum to scam and that is very easy to know.

These are some of the domain information of the scam exchange that you listed its link above:
Domain: perpmate.com
Registered On: 2025-08-18
Expires On: 2026-08-18
Updated On: 2025-09-02

Anyone that connects his or her noncustodial wallet to the exchange, all the person's coins on the wallet will be stolen by 0xredhot the scammer.

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JeromeTash
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January 12, 2026, 09:23:49 PM
 #3

I have Never heard of it. Why would anyone risk their funds with a less popular platform being shilled by a newbie in this forum over the ones that are well known and trustworthy?
Get a better way of advertising your shady Perp DEX otherwise you can't fool us here.

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BitMaxz
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January 12, 2026, 11:59:29 PM
 #4

It seems that he keeps promoting this site based on his post history. He is the only one mentioning this site without the site or link but telling you that he is using this DEX to trade BTC. Actually it needs to connect to wallet extensions like MetaMask, but the BTC itself doesn't have a browser wallet unless he talks about inscriptions or runes or ordinals, which is not actually BTC.

 I dig some research, and I couldn't find anything about this site.
I found only piece of info and it shows that this site is high risk; it must be avoided, and I believe it's a scam.

.
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Charles-Tim
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Today at 09:24:04 AM
 #5

I have Never heard of it. Why would anyone risk their funds with a less popular platform being shilled by a newbie in this forum over the ones that are well known and trustworthy?
Get a better way of advertising your shady Perp DEX otherwise you can't fool us here.
It is just a common scam, thinking they will be able to fool people in the community. This is not the first among them. I think this scam is replacing more centralized fake exchanges. They will come with new domain with a fake web3 exchanges which users can use to connect their noncustodial wallet, send coins to the exchange and which is what the scammers wanted to successfully complete the scam.

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0xredhot (OP)
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Today at 10:57:33 AM
 #6

Perpmate lets you trade BTC perps or so called (futures), so you do not deposit Bitcoin in general and ofc you are right that metamask does not let you to do that thats why platform uses USDC on Arbitrum and you connect EVM compatible wallet to create onchain connection everything is working with hyperliquid contracts, they do not have their own contracts they act as frontend for beginners using hyperliquid technology and liquidity. So before you call someone a scammer, try to test it with your own wallet with small $5, and tell me where your funds get deposited because I can tell you it will be deposited to Hyperliquid contract. I am not sure where you found this page is a scam, I try to search it myself and I have not found anything, beside the fact it is not my dex, I just found it good for trading for beginners like me, yes and I do spread the word out because it was good app for me and I wanted to learn little about trading here, as I am newbie myself.
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