BitMex vs Binance
BitMEX | Binance |
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3.2
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3.5
Binance is being sued by the SEC for a range of securities violations, including the commingling of client funds and 'wash trading' against its customers to artificially increase crypto prices. Your funds may be at risk if you trade with Binance. We do not recommend making any deposits.
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BitMEX is a crypto exchange and derivatives trading platform, launched in 2014. The firm offers a fiat–crypto onramp, spot trading, and crypto derivatives including perpetual contracts, traditional futures and quanto futures. BitMEX offers amongst the largest market liquidity of any cryptocurrency exchange. |
Binance is one of the best-known crypto exchanges. The company is available in more than 180 countries with over 120 million registered customers. The platform offers a suite of crypto trading products, from staking and NFTs to derivatives. |
Bonus Offer | |
Fee reduction for BMEX token holders | |
Comment by Reviewer | |
"Active traders who want access to a good range of crypto derivatives will be intrigued by BitMEX's offering, with Perpetual Contracts available. The 100x leverage on Bitcoin is also higher than many alternatives." | "Binance will appeal to crypto investors looking to trade big tokens like Bitcoin plus niche coins with low fees. However, regulatory action and questionable handling of customer funds makes this firm too high-risk in our opinion." |
Pros | |
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Cons | |
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Instruments | |
Crypto | Cryptos |
Demo Account | |
Yes | No |
Minimum Deposit | |
$0.01 | $0 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
Variable | $10 |
Regulator | |
Republic of Seychelles | |
Margin Trading | |
Yes | Yes |
STP Account | |
No | No |
ECN Account | |
No | No |
DMA Account | |
No | No |
MAM Account | |
No | No |
PAMM Account | |
No | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
No | No |
Market Maker | |
Yes | No |
P2P Trading | |
Yes | Yes |
Spot Trading | |
Yes | Yes |
Mobile Apps | |
iOS & Android | Yes |
Android App Rating | |
3.2 |
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iOS App Rating | |
3.2 |
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Auto Trading | |
BitMEX Market Maker, BotVS, and via API | |
Copy Trading | |
No | No |
Social Trading | |
Yes | No |
VPS Hosting | |
No | No |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Islamic Account | |
No | No |
Account Currencies | |
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Cryptocurrency | |
BitMEX continues to offer a highly competitive crypto trading environment, with cheap $1 contracts and leverage up to 1:100. The broker’s proprietary platform offers cutting-edge trading features, including a customizable order book, a depth chart and dozens of technical indicators. | Binance is one of the world's largest crypto exchanges. There is a vast range of products available including Binance Pool, Staking and an NFT Marketplace. |
Spread | |
-0.01% maker, 0.075% taker | Variable fees with account tiers |
Coins | |
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Crypto Lending | |
No | Yes |
Crypto Mining | |
No | No |
Crypto Staking | |
Yes | Yes |
Auto Market Maker | |
Yes | No |
More Comparisons | |
BitMEX vs |
Binance vs |