Chennai : BitMEX, a crypto trading platform, has announced the launch of the BitMEX Spot Exchange for retail and institutional traders as the company looks to expand its product offering.The exchange supports seven pairs of cryptocurrencies, including Bitcoin (XBT), Ethereum (ETH), Chainlink (LINK), Uniswap (UNI), Polygon (MATIC), Axie Infinity (AXS) and ApeCoin (APE), all against Tether (USDT).
Users are able to access the spot by placing coin conversion request-for-quotes (RFQs), through Central Limit Order Books and taking advantage of API trading, as well as on the go with BitMEX Lite when Spot is launched in the mobile app in the next few weeks. Alexander Hopner, Chief Executive Officer of BitMEX, said, ‘Last year, we introduced our Beyond Derivatives strategy, and the launch of BitMEX Spot is the centrepiece of this vision. Today, BitMEX is one step closer to providing our users with a full crypto ecosystem to buy, sell, and trade their favourite digital assets.’