BitMEX has launched a new crypto options trading service in partnership with PowerTrade, aiming to compete directly with Deribit and other major players like Binance, OKX, and Bybit. The service, which allows trading of a wide range of crypto options margined in Bitcoin, USDT, or USDC, is part of BitMEX's strategy to expand its market presence. BitMEX, known for inventing the perpetual swap and offering 100x leverage, is targeting at least $500 million in trading volume. The launch is marked by promotional rewards for early users.
BITMEX LAUNCHES OPTIONS TRADING - READY FOR “BULLFIGHT” WITH DERIBIT - @BitMEX, one of the industry’s largest CEXs, today launched crypto options trading for its users. - BitMEX is already well known for its 100x perpetual swaps, but now it is expanding its arsenal and looking… https://t.co/W2QjhgTbf9 https://t.co/jhWfL0qahh
BitMEX has partnered with PowerTrade to launch an options trading service in an effort to gain market share from Deribit. Current major competitors also include Binance OKX and Bybit. BitMEX CEO Stephan Lutz said that BitMEX hopes to reach at least $500 million in trading volume…
We didn’t just partner with BitMEX; we opted for extra protection! We're excited to announce this partnership and a new era in options trading. https://t.co/dT3kYvpick
BitMEX invented the perp - now we’re reinventing options. In partnership with @PowerTradeHQ, we’re excited to introduce BitMEX Options - where you can trade a wide range of crypto options margined in Bitcoin, USDT, or USDC. ➕ We’ve got some exciting rewards for our first… https://t.co/flKnbdLgVE
🚨BREAKING: @BITMEX LAUNCHES CRYPTO OPTIONS TRADING TO COMPETE WITH @DERIBITEXCHANGE
EXCLUSIVE: BitMEX launches options trading, aims to capture significant market share from Deribit https://t.co/H5bD3G0mb4