BitMEX is a crypto exchange and derivatives trading platform, launched in 2014, that offers low fees and starting deposit for 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.
OKX is a respected cryptocurrency firm, established in 2017, that offers a large suite of products, from mining pools to NFTs. Traders can access over 400 crypto tokens via OTC trading and derivatives. With an excellent web platform, developer tools and dynamic charts, OKX is a popular choice for technical traders.
Bonus Offer
Fee reduction for BMEX token holders
$10 in BTC
Comment by Reviewer
"Active traders who want access to a good range of crypto derivatives will be intrigued by BitMEX's offering. The 100x leverage on Bitcoin is also higher than many alternatives."
"OKX is a top pick for crypto traders looking for emerging coins and crypto projects to invest in. Traders can also make use of the broker's copy trading service and automated bots."
Pros
Great customizability using widgets within the platform, making it easier to see exactly what you want
A platform solely designed for crypto makes it more streamlined than multi-asset terminals
Access to a considerable amount of information directly from BitMEX, freely available on their site
The opportunity to talk to investors from all over the world using the inbuilt chat functionality
High levels of security, ensuring that trading on the exchange is relatively secure 24/7
A range of different cryptocurrencies are available, including Bitcoin, Ethereum and Litecoin
Earn interest on HODL-ing tokens – Tether and Bitcoin
Highly leveraged crypto trading with rates up to 1:100
Insurance fund to avoid liquidation plus python API
Historical market data for spot and futures combining OHLC data, aggregate trades and trading history
Excellent reputation with 20 million global clients and a license from the Dubai Virtual Assets Regulatory Authority
Impressive range of blockchain products, including DeFi services, NFTs and games, alongside established and emerging coins
Vast developer lab plus access to a marketplace of pre-built trading bots with auto-arbitrage
Active traders can expect competitive maker and taker fees, from 0.02% and 0.05%, respectively
Wide range of trading products, including futures, options and perpetual swaps
Crypto staking and pools available with competitive mining fees from 2%
Free mobile app or web-accessible desktop platform
Lightning network for faster BTC payments
400+ leading and emerging tokens
Unified account for consolidation
Cons
BitMEX is focused on active traders, with fewer tools and features aimed at crypto newbies
The interface is not as new, stylish or innovative as other options on the market
Withdrawals are only carried out at a set time of day
Legal dispute with US regulators resulted in fines
BitMEX offer the largest liquidity crypto trading environment anywhere. Contracts start from just $1. The firm is also compliant with global AML guidance and the platform offers cutting-edge crypto exchange and hedging.
OKX offers a superb selection of 400+ tokens including Bitcoin and Ripple. You can buy and sell tokens or trade cryptos on margin via derivatives, including perpetual swaps, options and futures. OKX stands out for its low fees, extensive range of tokens and speedy crypto transactions.
Traders from US not accepted