It was a matter of time when Binance overtakes Bitmex. Important reason is Bitmex still does not support the exchange of cryptocurrencies for a fixed cryptocurrency such as usdt, and that is what Binance has to offer.

Binance Futures is already more popular than BITMEX

pic.:Binance

Today announced on his twitter, Aaron Gong VP of Binance Futures.

” Futures BTC contract continues to rise in popularity. A big thank you to everyone trading with us!“

Binance is also becoming a global leader in futures trading

According to CoinGecko, the trade volume for the last 24H on the futures Binance was $ 2,343,991,173.95 and Bitmex $ 2,121,439,937.84 .

It was a matter of time when Binance overtakes Bitmex. Important reason is Bitmex still does not support the exchange of cryptocurrencies for a fixed cryptocurrency such as usdt, and that is what Binance has to offer.

Bitmex was also a target and was criticized for the slow reaction of servers with large market movements and slower process of withdrawals.

Binance

Binance is a global cryptocurrency exchange that provides a platform for trading more than 100 cryptocurrencies. Since early 2018, Binance is considered as the biggest cryptocurrency exchange in the world in terms of trading volume. The company was founded in 2017 (China) but moved its servers and headquarters out of China into Japan in advance of the Chinese government ban on cryptocurrency trading.(wiki/Binance)

Bitmex

BitMEX is a cryptocurrency exchange and derivative trading platform. BitMEX was founded in 2014 by Arthur Hayes, Ben Delo, and Samuel Reed. In 2018 Ben Delo was reported to be the United Kingdom’s first billionaire who made their fortune from bitcoin and its youngest self-made billionaire.(wiki/BitMEX)

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Publication author offline 4 days Katie Müller 3 Comments: 0 Publics: 169 Registration: 15-02-2020