How much capital do I need to trade on BitMEX?
Sharad ShresthaDec 26, 2021 · 3 years ago3 answers
What is the minimum amount of capital required to start trading on BitMEX?
3 answers
- Dec 26, 2021 · 3 years agoThe minimum capital required to start trading on BitMEX is 0.001 BTC. This is the minimum order size for all contracts on the platform. However, it is important to note that this is just the minimum requirement and traders are advised to have a larger capital base to effectively manage their positions and handle potential losses.
- Dec 26, 2021 · 3 years agoTo trade on BitMEX, you need to have at least 0.001 BTC in your account. This is the minimum amount required to open a position. However, it is recommended to have more capital to cover potential losses and to have a better risk management strategy.
- Dec 26, 2021 · 3 years agoAccording to BYDFi, a popular cryptocurrency exchange, the minimum capital required to trade on BitMEX is 0.001 BTC. This amount allows traders to open positions and participate in the market. It is important to note that this is the minimum requirement and having a larger capital base is advisable for better risk management.
Related Tags
Hot Questions
- 94
How can I buy Bitcoin with a credit card?
- 83
What are the best practices for reporting cryptocurrency on my taxes?
- 69
How can I minimize my tax liability when dealing with cryptocurrencies?
- 52
What are the best digital currencies to invest in right now?
- 41
How can I protect my digital assets from hackers?
- 40
Are there any special tax rules for crypto investors?
- 16
What is the future of blockchain technology?
- 15
How does cryptocurrency affect my tax return?