BitMEX Marks a Decade as the Longest-Standing Crypto Exchange Maintaining Zero Coin Losses
BitMEX: A Decade of Excellence in Crypto Derivatives
BitMEX, the leading name in crypto derivatives trading, is proud to celebrate its tenth anniversary. Established in 2014, BitMEX has distinguished itself by maintaining an unblemished record: zero customer fund losses due to security breaches or hacks. This remarkable achievement sets it apart in an industry rife with challenges and vulnerabilities.
BitMEX's Commitment to Security and Transparency
Throughout its decade-long journey, BitMEX has continually prioritized security and transparency, achieving significant milestones such as:
- Absolute security: No cryptocurrency has been lost via hacks.
- KYC compliance: Achieved a 100% Know Your Customer base.
- Innovative trading features: Including the launch of perpetual swaps.
CEO Stephan Lutz emphasizes the company's focus on defining industry standards and enhancing user trust through transparency measures like biweekly Proof of Reserves.
Looking Ahead: The Next Chapter for BitMEX
As BitMEX embarks on another decade, plans include enhancing user engagement through initiatives like Multi-Asset Margining and a major trading competition with a $1 million prize pool, ensuring ongoing innovation in crypto derivatives trading.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.