BitMEX launches options trading, offers zero fees for all users

Bitcoin Options Trading Launch on BitMEX

BitMEX has expanded its offerings by introducing options trading in collaboration with PowerTrade, a crypto options platform. Users can now trade a variety of crypto options margined in Bitcoin (BTC), USDT, or USDC on the popular cryptocurrency platform known for its high-leverage perpetual swaps.

Special Promotions and Educational Resources

To celebrate the launch of options trading, BitMEX is waiving all commissions on options trades until the end of May. Additionally, users who deposit $1,000 or more and engage in at least one options trade are eligible to receive a 20 USDC sign-up bonus. The exchange is also providing educational materials to support users new to options trading or the BitMEX platform.

Expansion of Cryptocurrency Options Trading

BitMEX offers trading options on various cryptocurrencies, including Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Binance Coin (BNB). With minimum trade sizes as low as 0.01 for BTC and 0.1 for ETH, BitMEX aims to cater to a wide range of traders within the cryptocurrency market.

Growing Interest in Cryptocurrency Options

Interest in cryptocurrency options continues to rise within the industry, with American stock exchanges filing applications with the SEC to launch options on spot cryptocurrency ETFs. While regulatory decisions are pending, the demand for options on crypto ETFs remains strong, evidenced by congressional pressure on the SEC to approve such products.

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