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How much capital do I need to trade on BitMEX?

avatarSharad ShresthaDec 26, 2021 · 3 years ago3 answers

What is the minimum amount of capital required to start trading on BitMEX?

How much capital do I need to trade on BitMEX?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    The 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.
  • avatarDec 26, 2021 · 3 years ago
    To 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.
  • avatarDec 26, 2021 · 3 years ago
    According 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.