BitMEX, a leading crypto derivatives exchange, has just unveiled an innovative new product: Equity Perps. This game-changing offering gives traders around the world the ability to access major U.S. stocks and equity indices 24/7, all while using cryptocurrency as collateral.
What Are Equity Perps?
Equity Perps are cash-settled perpetual swap contracts that allow traders to gain exposure to individual U.S. stocks and indices without needing to purchase the stocks themselves. Since they are perpetual, these contracts do not expire and utilize a funding rate mechanism to keep prices anchored to the underlying reference index.
At launch, users will be able to trade contracts for major companies and indices like Amazon, Apple, Meta, Tesla, and the Nasdaq. With up to 20x leverage, Equity Perps provide unprecedented flexibility for traders looking to diversify their portfolio or hedge their positions—all while using popular crypto assets like Bitcoin (BTC) or Tether (USDT) as collateral.
24/7 Market Access
Unlike traditional equity markets that operate on limited schedules, BitMEX’s Equity Perps ensure non-stop trading access—even when the U.S. stock market is closed. During market hours, contract pricing is based on real-time stock valuations, while after-hours pricing relies on tokenized spot prices from various exchanges.
“With Equity Perps, we’re enabling around-the-clock access to U.S. equity markets,” said Stephan Lutz, CEO of BitMEX. “Traders can take advantage of new opportunities without being restricted by traditional market hours, while enjoying the unmatched reliability that BitMEX is known for.”
Key Features of Equity Perps
- Flexible Leverage: Traders can take both long and short positions with leverage up to 20x.
- Crypto Collateral: Use BTC or USDT as margin collateral for your trades.
- Maker Rebates: Receive a maker rebate of 2.5 basis points while trading.
- Corporate Adjustments: In the event of actions like stock splits, contracts are adjusted and promptly re-listed post-event.
Special Launch Incentives
To celebrate the launch of this groundbreaking product, BitMEX is offering a generous 70,000 USDT prize pool for eligible Equity Perps traders. The exchange is also providing valuable educational resources and product guides for users looking to familiarize themselves with Equity Perps.
Trade Confidently with BitMEX
BitMEX is renowned as a pioneer in crypto derivatives trading. Since its inception, the platform has boasted unmatched reliability, on-chain proof of reserves, and an impeccable security track record, with no funds ever lost to breaches. The introduction of Equity Perps cements their commitment to delivering world-class trading tools to both crypto novices and professionals.
Ready to redefine your trading experience? Visit BitMEX today to explore Equity Perps and take advantage of exclusive new user benefits.
Enhance Your Trading Setup
For traders seeking an optimized trading desk, consider pairing this new offering with Logitech’s ergonomic keyboards, which offer comfort during long trading hours. These high-quality accessories are a must-have for anyone aiming to stay competitive in fast-paced markets.
