{"id":204260,"date":"2021-11-10T11:00:10","date_gmt":"2021-11-10T11:00:10","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=204260"},"modified":"2021-11-12T13:20:23","modified_gmt":"2021-11-12T13:20:23","slug":"bitcoin-futures-powerhouse-bitmex-is-now-supporting-tether-margined-trading","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/bitcoin-futures-powerhouse-bitmex-is-now-supporting-tether-margined-trading\/","title":{"rendered":"Bitcoin futures powerhouse BitMEX is now supporting Tether-margined trading"},"content":{"rendered":"<p><a href=\"https:\/\/cryptoslate.com\/companies\/bitmex\/\"><span style=\"font-weight: 400;\">BitMEX<\/span><\/a><span style=\"font-weight: 400;\">, one of the world\u2019s leading crypto derivatives platforms, has announced that its traders can officially margin and settle with Tether (ERC20-USDT) on the platform starting today.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">(1\/5) It\u2019s official\u00a0\ud83c\udf89 our <a href=\"https:\/\/twitter.com\/hashtag\/USDT?src=hash&ref_src=twsrc%5Etfw\">#USDT<\/a> contracts are live tomorrow at 04:00 UTC!<\/p>\n<p>&mdash; BitMEX (@BitMEX) <a href=\"https:\/\/twitter.com\/BitMEX\/status\/1458036023829561344?ref_src=twsrc%5Etfw\">November 9, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">\u201cAdding Tether to BitMEX is our way of embracing the coming tidal wave of retail <\/span><span style=\"font-weight: 400;\">adoption. But the big picture here is less about Tether itself, and more about how this <\/span><span style=\"font-weight: 400;\">opens up the range of products that BitMEX can offer. This approach, with a new suite of <\/span><span style=\"font-weight: 400;\">products, is designed to offer more trading opportunities for everyday users,\u201d said Alexander H\u00f6ptner, CEO of BitMEX, in a statement.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">He added, \u201cWe\u2019re going Beyond Derivatives, and Tether-margined products are an <\/span><span style=\"font-weight: 400;\">important milestone in our transformation. But we\u2019re also keeping the things that set <\/span><span style=\"font-weight: 400;\">BitMEX apart from the rest: superior trading technology, ironclad security, and the biggest <\/span><span style=\"font-weight: 400;\">insurance fund in the business.\u201d<\/span><\/p>\n<h2><b>Tether trading comes to BitMEX<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The exchange supports leveraged trading via Perpetual and Futures Contracts and was one of the biggest and earlier exchanges focused on the crypto market. These were BTC- or altcoin-margined until today.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">BitMEX will list nine USDT-margined contracts. They include seven perpetual linear swaps on XBT, ETH, XRP, LTC, BCH, DOGE, and SOL and two linear futures contracts on XBT and ETH.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">BitMEX is rolling out the following incentives to celebrate: There will be zero fees on all USDT-margined contracts for 30 days. The exchange will pay out $1,500 for affiliates who <\/span><span style=\"font-weight: 400;\">refer a total of $15 million in volume through 9 December.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BitMEX, one of the world\u2019s leading crypto derivatives platforms, has announced that its traders can officially margin and settle with Tether (ERC20-USDT) on the platform starting today. (1\/5) It\u2019s official\u00a0\ud83c\udf89 our #USDT contracts are live tomorrow at 04:00 UTC! &mdash; BitMEX (@BitMEX) November 9, 2021 \u201cAdding Tether to BitMEX is our way of embracing the [&hellip;]<\/p>\n","protected":false},"author":65,"featured_media":204258,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39,32631],"tags":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bitcoin futures powerhouse BitMEX is now supporting Tether-margined trading<\/title>\n<meta name=\"description\" content=\"BitMEX, one of the world\u2019s leading crypto derivatives platforms, has announced that its traders can officially margin and settle with Tether.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/bitcoin-futures-powerhouse-bitmex-is-now-supporting-tether-margined-trading\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin futures powerhouse BitMEX is now supporting Tether-margined trading\" \/>\n<meta property=\"og:description\" content=\"BitMEX, one of the world\u2019s leading crypto derivatives platforms, has announced that its traders can officially margin and settle with Tether.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/bitcoin-futures-powerhouse-bitmex-is-now-supporting-tether-margined-trading\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2021-11-10T11:00:10+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-11-12T13:20:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/11\/tether-margin.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Shaurya Malwa\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shaurya Malwa\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/bitcoin-futures-powerhouse-bitmex-is-now-supporting-tether-margined-trading\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/bitcoin-futures-powerhouse-bitmex-is-now-supporting-tether-margined-trading\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/shaurya-malwa\/#person\",\"name\":\"Shaurya Malwa\",\"url\":\"https:\/\/cryptoslate.com\/author\/shaurya-malwa\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/shaurya-malwa\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/shaurya-malwa\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/07\/author-shaurya-malwa.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/07\/author-shaurya-malwa.jpg\",\"caption\":\"Shaurya Malwa\"},\"jobTitle\":\"Analyst\",\"description\":\"Post-mining his first bitcoin in 2012, there was no looking back for Shaurya Malwa. 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