Ten Years of Zero Loss: BitMEX Celebrates a Decade of Setting Standards in the Crypto Derivatives Trading Space
BitMEX, as a pioneer in the field of crypto derivatives trading, is celebrating an extraordinary milestone: ten years of business operations, during which it has never experienced any loss of customer funds due to breaches or hacking attacks, while bringing excitement and profit to traders through professional crypto derivatives trading.
Since its establishment in 2014, BitMEX has become one of the most historically significant exchanges in the industry, consistently setting industry standards in security, transparency, neutrality, accessibility, and user empowerment. The platform has always been the preferred choice for professional traders, relying on robust security and product optimization, adhering to innovative thinking, and striving to build a trustless crypto derivatives market. One of BitMEX's proudest achievements is its flawless security record—having never lost any customer funds, a feat unmatched to this day. Additionally, BitMEX's groundbreaking Perpetual Swap contracts have become the most traded derivative structure in the crypto market, while the platform's 100% KYC user base and bi-weekly published Proof of Reserves and Liabilities have set a new benchmark for transparency and legitimacy in crypto exchanges.
BitMEX focuses on providing services for professional-level crypto derivatives trading, which has shaped its unique operational model. BitMEX's firm commitment to user fund security and neutrality has allowed it to maintain its reputation in the face of industry challenges and consistently uphold its position as a trusted industry-leading platform.
The Formula for BitMEX's Decade of Success
BitMEX's ten-year journey has not been without challenges—from dealing with legal pressures to adapting to the dynamic changes in the crypto market. However, as co-founder Samuel Reed mentioned in a 2018 article: "The first rule of running a crypto exchange is always 'never lose Bitcoin.'" This steadfast principle has guided BitMEX through the evolution of the market, with security, transparency, and neutrality remaining its core values. By strategically committing to these values, the company has been able to grow steadily, standing firm amid industry turmoil and maintaining a trusted position among global crypto exchanges.
BitMEX CEO Stephan Lutz stated: "BitMEX does not aim to be an all-encompassing blockchain technology player, but rather focuses on providing practical and innovative solutions for derivatives traders. Principles of security, transparency, reliability, and technical performance run through all our work, and these principles have been validated in the face of significant challenges in the industry, such as the collapses of FTX and TERRA, LUNA. While we focus on being a leader in crypto derivatives trading, our approach has also played a significant role in shaping the entire industry. We are honored to celebrate our tenth anniversary with our traders, whose trust has been crucial to our growth."
BitMEX's Top Ten Achievements in Ten Years
2014 – Launched several industry-first innovations, including the first correctly margined centralized clearing crypto derivatives, the first crypto public testnet exchange, the first crypto single-page application, and the first exchange supporting only cold wallets.
2015 – Introduced XBT futures with 50x leverage, providing traders with groundbreaking leverage opportunities.
2016 – Created the Perpetual Swap, becoming a core derivative in the crypto market.
2016 – Established the world's largest crypto insurance fund, with a scale of approximately $2.3 billion, which continues to grow.
2017 – Founded BitMEX Research, providing reliable market analysis within the industry.
2019 – Set a historical record for Bitcoin (BTC) trading volume, reaching $16 billion in a 24-hour period.
2020 – Achieved a 100% KYC certified user base, becoming the first crypto exchange to reach this goal.
2021 – Released Proof of Reserves and Liabilities, promoting transparency in crypto exchanges.
2023 – Optimized the trading engine, achieving a 95% reduction in latency.
2024 – Launched BitMEX Options, expanding the derivatives product line.
BitMEX's Future Outlook
As BitMEX enters its next decade, the company's future roadmap will focus on deepening user engagement and enhancing trading opportunities. BitMEX will introduce Multi-Asset Margining to improve capital efficiency and is committed to increasing market liquidity, ensuring users can enjoy a smooth and efficient trading experience even in volatile markets. Building on the success of Trading Bots, BitMEX will also launch a copy trading feature, allowing users to easily replicate successful trading strategies.
To kick off these new initiatives, BitMEX will launch its largest trading competition to date on November 25, with a prize pool of $1 million, aimed at attracting new and existing users to jointly embark on the next decade of the crypto industry. Join BitMEX and witness the future of crypto innovation over the next ten years.
About BitMEX
BitMEX is a pioneer in the crypto derivatives exchange space, dedicated to providing professional crypto traders with low-latency, deep crypto-native liquidity, particularly in Bitcoin, while maintaining unparalleled reliability.
Since its inception, BitMEX has never lost any cryptocurrency due to breaches or hacking attacks, ensuring that BitMEX users' funds are secure during trading and that they can utilize various products and tools to achieve profitability.
BitMEX is also one of the first exchanges to publish on-chain Proof of Reserves and Proof of Liabilities data and continues to release such data every two weeks, demonstrating to users its secure storage and segregation of funds.
For more information about BitMEX, please visit the BitMEX Blog or www.bitmex.com, and follow us on Telegram and Twitter. For further inquiries, please contact press@bitmex.com.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
