A small desk that reads the terms of service so you do not have to

What we are not

We are not BitMEX. This site is not operated by, affiliated with, endorsed by or sponsored by HDR Global Trading Limited or any BitMEX group entity. We do not run an exchange, hold customer funds, offer accounts, or process transactions of any kind. If you are looking for the platform itself, it is at bitmex.com.

We are also not financial advisers. Nothing published here is investment, legal or tax advice, and none of it is tailored to your circumstances. We describe how systems work; what you do with that is your decision and your responsibility.

Who writes this

The editorial team has worked in and around crypto infrastructure since 2017 — long enough to have used platforms that no longer exist, and to have learned the relevant lessons at our own expense rather than by reading about them. That background shapes the tone of the site: sceptical of marketing claims, uninterested in price predictions, and genuinely obsessive about the difference between holding an asset and holding a claim on one.

How we research

• Primary sources first. Fees, limits, contract specifications and eligibility rules are taken from the operator's own documentation, and we say so on the page. Where we cannot verify a number at the source, we describe the mechanism instead of inventing a figure.
• Regulatory filings over press coverage. Enforcement actions, licences and settlements are read from the regulator's own materials, because secondary reporting drops dates and nuance in exactly the places that matter.
• Mechanisms over screenshots. Interfaces change monthly. Funding mechanics, liquidation logic and custody models change rarely, so those are what we explain in depth.
• Dated reviews. Every guide carries a review date. If a page has drifted out of date, that date is how you know.

How the site pays for itself

Some outbound links to third-party platforms are commercial. If you open an account through one, we may receive a fee. That arrangement funds the research and hosting, and it comes with two hard rules we apply to ourselves:

1. A commercial relationship never buys a favourable assessment. Where we criticise a platform, we criticise it in the same words we would use if there were no link on the page.
2. We do not publish anything designed to make you think you are on an official website. The disclaimer appears on every page, in every language, and the site is styled so it cannot be mistaken for the platform it discusses.

Corrections

We get things wrong sometimes, and rules change without notice in this industry. If you find an error — a stale figure, a broken mechanism, a claim that no longer holds — write to contact@bit-mex.app with a source and we will fix it and note the change. Corrections are free, and they are more useful than compliments.

Languages

Core guides are published in English, Spanish, Turkish and Japanese. Translations are produced by people who work in these markets, not by pointing a machine at the English text, because crypto-derivatives terminology does not survive literal translation. Jurisdiction-specific pages — including this one and the guidance on access from the United States — are published in English only, because localising a legal explanation invites exactly the kind of misreading it is meant to prevent.

Last reviewed: 2026-08-11