Spot transactions with digital currencies will become available to users of BitMEX. The press service of the company said that transactions can be made in tandem with Tether (USDT).
Investors will be able to trade with bitcoin, ether, UniSwap, ChainLink, Polygon, and Ape. Through the launch of spot trading, the BitMEX administration plans to significantly strengthen its position in the Asia-Pacific region, Europe and Latin America.
The marketplace also announced promotions for traders to stimulate the growth of the number of users.
BitMEX CEO Alexander Hepner said:
The launch of spot trading on BitMEX is one of the points of our strategy. We will not rest as we strive to provide more opportunities for investors and more trading pairs. BitMEX serves crypto derivatives transactions. According to top management, this platform will be in the top ten exchanges in terms of spot trading in a year.
The decision to expand BitMEX's activities was made against the backdrop of a lawsuit involving the founders of this platform, Arthur Hayes and Benjamin Delo. In February, they pleaded guilty to violating US bank secrecy laws.