Now you can log into BitMEX using Clef!

BitMEX, a cryptocurrency derivatives trading platform founded by Wall Street insiders, have integrated Clef! Now you can log in to BitMEX and open new accounts using Clef.

Clef
Two Factor Authenticity
2 min readMay 25, 2016

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Bitcoin Mercantile Exchange (BitMEX) is a cryptocurrency derivatives trading platform that offers investors access to the global financial markets using Bitcoin and financial derivatives. The founding team consists of best-in-class professionals in finance, web development, and high-frequency algorithmic trading. BitMEX is built by finance professionals with over 40 years of combined experience. The platform offers a comprehensive API and supporting tools as part of its packed features set.

Some of the most popular aspects of the platform include:

  • Leverage. BitMEX offers up to 100x leverage on Bitcoin and high leverage on altcoin futures.
  • Speed. The trading engine was built using the same technology used by investment banks and hedge funds.
  • Security. BitMEX has integrated Clef which indicates a dedication to user account security.

The Clef team is really excited to bring BitMEX into the community. If you’re a new user, BitMEX account creation is simple with one-step activation and with Clef a session length can be extended for up to 30 days. When asked why Clef is an important feature add for BitMEX, CEO Arthur Hayes commented, “BitMEX is committed to providing users the safest digital currency trading platform. Two-factor authentication is a key component to safeguarding users’ accounts. Our integration with Clef allows us to provide best in class security without compromising ease of use.”

BitMEX represents the next generation of Bitcoin products, taking Bitcoin trading one more step into mainstream finance. There are other crypto trading platforms but none that allow you to trade derivatives and other more complex financial products. This is the core of innovation at BitMex. In just over a year from its launch, the platform has facilitated trades of over $250mil USD, reaching an average of about $5mil/day. Revenue is generated for the company via a commission on each trade. BitMEX recently added China A50 Bitcoin Futures to its offerings, which is the world’s first bitcoin-denominated futures contract on a Chinese A-Share index. The company also has a Bitcoin Volatility Index, turning Bitcoin volatility into a tradable asset class. In the future, BitMEX hopes to become a fully-featured trading platform, with offerings including stocks, bonds, commodities, and currency trading.

Learn more about BitMEX and open an account, here.

BitMex

A screenshot of the trading dashboard BitMEX offers.

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