Bitmex Affiliate / Referral Program

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Bitmex Affiliate Program Url: https://www.bitmex.com/app/affiliates

Website Url: http://www.bitmex.com

How to contact: info@bitmex.com

What is it? Trade Bitcoin without expiries and up to 50x leverage.

Category: Trading

Affiliate payout in Bitcoin? YES

Which non-Bitcoin payout methods do they support? NO

Revenue Share Percentage: 10%

One Time Commission: NO

Lifetime Revenue Share: 10 – 20%

Affiliate Referal Commission: no information

Additional Program Info: Users who have signed up with a valid affiliate link will receive a 10% fee discount for 6 months.

Supported Crypto-Coins: Bitcoin,Litecoin,Ethereum

US Users / Players allowed? YES

In order to make as much profit as possible when trading, you naturally also need a lot of capital. But which bank lends you money just to speculate? Within the range of the crypto currencies that is now however already possible. Different enterprises offer credits, in order to use these for acting of crypto currencies. One of the most famous is BitMEX. But what exactly is it all about?

What is BitMEX?

BitMEX is a platform for trading crypto currencies such as Binance and AvaTrade. Besides, it acts like a bank and you can borrow extra money to trade and invest in crypto. The founders Arthur Hayes, Samuel Reed and Ben Delo are specialists in computer science and trading. They developed BitMEX and have had great success with it ever since. Within the last 24 hours they have made a profit of 2.75 billion dollars. Last month it was 51 billion dollars and last year 242 billion dollars. That due to the many investors and the large loans that BitMEX gives.

What exactly can you get from BitMEX?

BitMEX offers its service not only for Bitcoin but also for many other crypto currencies. With Bitcoin you get up to 100 times the value!

For Monero you get up to 25 times the value. From Ethereum 50 times the own share and from Bitcoin Cash 20 times the actual value. Besides these four successful crypto currencies you can use more than 15 others. All with very good multipliers!

How exactly does trading work?

Actually everything works exactly the same as normal trading. You determine whether the price should go up or down and adjust your sales and purchases accordingly. But with BitMEX you are sitting on the longer lever, literally. Through the multipliers BitMEX gives the trader a much greater potential, with which one can also achieve much greater profits.

If you close your trade successfully, you can keep the profit you have gained and pay the borrowed money back to BitMEX. In this way a skilled trader can quickly earn a lot of profit even without a lot of starting capital!

Can you also lose?

The answer very briefly, yes, in any case! As with normal trading, especially with crypto, you also have a risk here. In order to protect its own investments, BitMEX has introduced a liquidity limit. If you fall below this limit, all money goes back to BitMEX. This also means the own share to cover the loss. The limit is calculated from the own share and the multiplier. The higher the multiplier, the higher the liquidity limit (in percentage terms). If you want to lower the liquidity limit, you have to invest even more equity. This lowers both the multiplier and the limit. In contrast to normal trading, you do not only have to pay attention to profit, but also pay close attention not to get below the limit. Since one has better chances of winning, one plays also with a higher risk!

Why trade with BitMEX?

Due to the liquidity limit, the risk of really losing everything you invest is naturally present. But you also have a much better chance of high profits. If, for example, you only work with 0.01 Bitcoin and the Bitcoin goes up 1000 Euro, you make 10 Euro Plus. But if you have a whole Bitcoin, you win 1000 Euro. So if you are sure that the Bitcoin will take a certain course, it is worth it to be at the start with a much larger capital!

What are the BitMEX fees?

The fees vary between the different crypto currencies, the amount borrowed and the time for which the amount is borrowed. Normally, the fees are about 0.1% of the borrowed value. However, for specific situations you should look at the table where the costs are detailed. This can be found on the website under the category Data and then Fees. But actually the costs are no different than those of most of the competition.

The Affiliate Program

BitMEX rewards hard-working customers very well. If you bring new people to BitMEX via a link, you get generous rewards. First of all, if you register yourself via an affiliate link, you get a 10% discount for the first 6 months. If you now have your own referral, there is a commission depending on the size of its investments. If the person lends less than 1000 $, you get 10% of the profit from BitMEX. Everything between 1000 $ and 10000 $ is earned 15%. And everything over 10000 $ gets even 20 %! In this way BitMEX grows fast and you can build yourself a small passive bonus. The affiliate program is valid for life, or as long as the person recruited trades at BitMEX.

Is BitMEX serious?

As already described before, BitMEX provides a very large potential but you can also quickly lose everything. For this reason I act almost exclusively with smaller amounts and never over a multiplier of 20 to keep the liquidity limit low. This is important because you can’t lose more than you used for trading anyway. So no debts can arise. Nevertheless, I never use more money for trading than I would be willing to lose completely.

I have been using BitMEX effectively since October 2017 and have learned a lot since then. Above all, experience and intuition are important when trading with so much money. My trades are all going pretty well now. But I have to admit to myself that I have exceeded the liquidity limit more than once and lost my capital. But this is the only way to learn!

The profit with a 10 or 20 times capital is all the more tempting! Thus one can make already times 1000 or 2000 euro plus, within one day! But as I said, this requires a lot of feeling, deliberation and willingness to take risks. However, I never had any problems with BitMEX itself. One always has access to his money and can also return the borrowed one at any time, in order to pull oneself from the happening. After looking around, you understand the website very quickly and gain an overview. If this is not the case for someone, YouTube can also be helpful.

Conclusion

Before taking advantage of the great potential of BitMEX, you should be aware of the risks. Losing money is quicker than you think. But above all connoisseurs will find BitMEX a wonderful tool to drive their profits to unimaginable heights! That’s exactly what BitMEX is meant for. So if you know what you’re doing, you should definitely consider the idea of using BitMEX for the next trade. After all, you can only win if you dare.