# BitMEX > The safest crypto exchange BitMEX is a cryptocurrency derivatives exchange offering perpetual swaps, futures, options, and spot trading. It serves professional and institutional traders seeking leveraged crypto and stock-linked products. BitMEX is a cryptocurrency derivatives exchange that provides trading in perpetual swaps, futures, options, and spot markets. It is aimed at professional and institutional traders seeking leveraged exposure to digital assets and, more recently, tokenized global stocks. The platform combines a matching engine designed for rapid order execution with an insurance fund intended to backstop positions during periods of high volatility. The exchange positions itself around risk management and security, publishing daily proof of reserves and maintaining a record of no funds lost to hacks throughout its operating history. Its product set includes leveraged perpetual contracts, dated futures, options, and spot pairs, alongside tools such as copy trading, trading bots, and a leaderboard for tracking trader performance. It also operates a research arm publishing commentary and evidence based reports on the broader crypto market. BitMEX serves traders ranging from individuals seeking leveraged crypto exposure to more sophisticated market participants using its institutional grade APIs for automated trading. Its offerings extend beyond spot and derivatives trading into copy trading and social trading features that let users follow other traders. The company has announced that the exchange will wind down operations, with account registrations already halted and a full closure scheduled for a set date, after which only fund withdrawals will remain available. - Type: Company - Sector: Finance - Status: Closed - Founded: 2014-01-01 - Profile: https://thegrid.id/profiles/bitmex ## Products - [BitMEX Exchange Platform](https://thegrid.id/profiles/bitmex): BitMEX Exchange Platform is a centralized exchange for trading cryptocurrency derivatives, spot pairs, and traditional-finance perpetual contracts. It matches user orders through a central order book, letting traders open leveraged positions on perpetual swaps and futures tied to crypto assets, and on perpetual contracts tracking equities, foreign-exchange pairs, and commodities using crypto as collateral. The platform also offers copy trading, letting users replicate the positions of other traders, and automated trading bots that execute strategies on a user's behalf. Access is provided through a web-based trading interface backed by exchange-held custody of user funds. (Centralised Exchange, Inactive/Support Ended, Main Product) - [BitMEX Mobile App](https://thegrid.id/profiles/bitmex): BitMEX Mobile is a self-custody-styled mobile application for iOS and Android that provides full access to the BitMEX exchange account from a smartphone. It lets users trade crypto derivatives and spot pairs, monitor markets, manage open orders and positions, and view real-time price charts on the go. The app mirrors the account and order data of the web platform, so any action taken in the app is reflected on the main exchange account. (Wallet, Inactive/Support Ended) - [BitMEX API](https://thegrid.id/profiles/bitmex): BitMEX API is a developer interface providing REST and WebSocket endpoints for programmatic access to the exchange. It lets developers query market data, instrument listings, and account information, and submit or manage orders for algorithmic and automated trading. The interface streams real-time data and supports the same trading functions available on the exchange platform. (Developer Tooling, Inactive/Support Ended) ## Assets - [BitMEX Token (BMEX)](https://thegrid.id/profiles/bitmex): BMEX is the utility token of BitMEX exchange. It is used for trading fee discounts, withdrawal fee refunds, staking rewards, and VIP tier access across the platform's derivatives and spot markets. A monthly token burn funded by a share of net trading fees reduces circulating supply over time. (Utility) ## Links - [Main](https://www.bitmex.com) - [Documentation](https://docs.bitmex.com) - [Whitepaper](https://assets.ctfassets.net/kp25gfur5p5i/2UN0RUQpl4Pdv2fQsy3jyO/455ccc7d05e89c28f8a8c8f4d40b1a5e/2025_BMEX_LITEPAPER.pdf) - [Blog](https://blog.bitmex.com) - [Closed Source](https://www.bitmex.com/blog/bitmex-closure) - [Twitter / X](https://x.com/bitmex) - [Discord](https://discord.gg/BitMEX_Community_Official) - [Telegram](https://t.me/BitMEX_Community_Official) - [YouTube](https://youtube.com/@BitMEX) - [Instagram](https://instagram.com/bitmex_dotcom) - [Reddit](https://www.reddit.com/r/BitMEX) - [Farcaster](https://warpcast.com/bitmex_official) - [LinkedIn](https://www.linkedin.com/company/bitmex) - [Twitch](https://www.twitch.tv/bitmex_official) ## Legal This data is provided under two licensing models. Model 1 - open data. 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