BitMEX has partnered with PowerTrade to meet the product demand of professional traders.
December 6, Mahe, Seychelles2023 / AlexaBlockchain/ – BitMEX, the market-leading cryptocurrency derivatives exchange, today announced a strategic partnership with PowerTrade, an innovative cryptocurrency options platform backed by industry leaders Ascend Ventures, Pantera Capital and Ledger Prime
The strategic partnership will explore ways to integrate new products into BitMEX’s comprehensive portfolio and strengthen the platform’s commitment to leading innovation and enhancing the trading experience for its users.
Stephan Lutz, CEO of BitMEX, said: “Our strategic partnership with PowerTrade demonstrates our ambition to provide cryptocurrency traders with the most profitable opportunities on the safest and most trusted trading platform on the market. We recognize the dynamic and competitive nature of the market and hope to set a new standard for the future of cryptocurrency trading.”
The PowerTrade team, led by CEO Mario Gomez Lozada, offers extensive expertise in traditional finance and cryptocurrency sectors. “This partnership aims to change the game by combining our cutting-edge financial products with BitMEX’s established user base and liquidity,” Lozada said.
Introduction to BitMEX
BitMEX is the world’s leading exchange for cryptocurrency derivatives, providing traders with a professional-grade trading platform. Since its founding in 2014, BitMEX has maintained an impeccable security record: “Never lose a coin!”
Our platform serves cryptocurrency derivatives traders by providing low latency, deep liquidity, and maximum availability. Currently, BitMEX offers easy secrecy between over 100 derivatives contracts, 11 spot trading pairs, and 30 cryptocurrencies.
In 2015, BitMEX revolutionized the market by inventing the Perpetual Swap, which has since become the most widely traded cryptocurrency product. Demonstrating its commitment to transparency starting in 2021, BitMEX is one of the first exchanges to regularly issue on-chain Proof of Reserves and Proof of Debt, ensuring that available funds exceed total customer balances.”
For more information about BitMEX, company plans, product listings, launches and competitions, visit the BitMEX blog or www.bitmex.com, follow Discord, Telegram and Twitter.
For further inquiries, please contact press@bitmex.com.
Introduction to PowerTrade
PowerTrade is a leading cryptocurrency derivatives exchange specializing in European cryptocurrency options for Bitcoin and Ethereum settled in USD, as well as perpetual swaps, futures and spot markets. Serving institutional firms and professional traders, PowerTrade offers a robust RFQ system, customizable multi-leg option structures, and competitive commission structures. For more information, see Power.Trade.
