BitMEX to Offer Spot Trading and Custody

Last Updated: April 28, 2021

BitMEX, a popular cryptocurrency exchange platform, is now offering a few new features to make life a bit easier. They are adding brokerage, custody, spot and information products, and even an educational service. There was no indication of when the features will actually launch on the site.

BitMEX also explained that they are currently in the process of obtaining ‘additional licenses’ for various jurisdictions. However, BitMEX wanted to reassure its clients that derivatives are still their primary focus. BitMEX is not without its checkered past, as it has gone through leadership qualms and a high turnaround over the past few months.

BitMEX

The former BitMEX executives were even accused of being in violation of the Bank Secrecy Act, back in October. New CEO, Alex Hoptner, says, “I joined BitMEX at the beginning of the year with a very specific mandate – to help us expand our singular focus on crypto derivatives to something bigger. It’s time to aggressively grow our user base.”

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