BitMex Will Pay Back To Their Users...

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... not much but at least they do confirm fail on their side.

Few days ago when doing mad trades the exchange got freezer (when all people were on short) and opened up with price +1500 up long liquidating everything.

I got "freeze" exchange on video (consider to subscribe to my youtube btw)

There was loads of blaming Bitmex for this, people got really mad and started moving to ByBit exchange
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Sadly the maintenance margin is like 0,01% or 0,005% of losses. Better than nothing but far from what it should be in that situation.

If you have Binance I suggest to click "markets->Futures" Open account there and use discount bonus10 for 10% off fess. It looks like a better idea and a bigger chance of paybacks on errors.

Other than this Bitcoin doesn't care and keeps going up now from the 3700 USD price mark few days ago.

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9 comments
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!COFFEEA
!shop
$trdo
!BEER
for you

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i wonder when i get this coffee stuff ;)

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For the moment @coffeea.token not give them away. I don't know why even though I have enough of them.

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Thank you for the information :) crazy how the red bars looked when everyone tried to short ... xD I sadly got liquidated one day before that DDOSes , when it dropped under 6k pretty fast :( shit happens... but it happend pretty fast that day... xD

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i will not use bitmex much anymore or at least not as my main place for margin after this

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