BitMEX, the leading cryptocurrency trading platform, announced the launch of the first Tether margin contracts. This opens the exchange to millions of investors who prefer to use Tether (USDT) as margin when trading cryptocurrencies.
BitMEX, one of the best cryptocurrency trading platforms used for margin and swap, offers an ambitious ‘Beyond Derivatives’ service under the leadership of the executive. It revolutionizes the product offering by introducing Tether.
BitMEX offers a wide range of incentives for the 30-day period (November 10 – December 9) with new and existing traders to kickstart the launch of Tether:
Zero fees on USDT margin contracts (including Bitcoin, ETH, SOL and DOGE)
● USDT 50 bonus for the first 8,000 users who have a balance of over 250 USDT until December 10, 2021 and trade during this period.
● Bonus up to 1,500 USDT for entries with a volume exceeding 15 million.
● Offers personalized AC Milan/BitMEX kits and limited edition NFTs for top traders.
This much anticipated change gives investors more flexibility than before, making BitMEX versatile and user-friendly. This upgrade in BitMEX’s product offering adds to its existing strengths in other areas, including industry-leading security, fast execution times, fast and reliable customer support (especially when compared to other leading exchanges), and one of the largest insurance funds of any exchange.
BitMEX’s next steps will include introducing expansion plans that include the addition of capabilities for cryptocurrency spot trading, brokerage, custody, information products, and an academy.
For more information about the Tether launch, you can visit. There is also a quick explanation on how to deposit ERC20-USDT on BitMEX. Click to sign up for a new BitMEX account.