Open account

BitMEX Opens 24/7 FX Perpetual Trading for Crypto Traders

BitMEX has launched six FX perpetual swap contracts (EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CHF, USD/CAD) allowing crypto-collateralized trading with up to 100x leverage and a 0% base interest rate. The products run 24/7, including weekends, switching from external pricing in regular hours to internal order-book pricing off-hours. The move extends crypto derivatives into FX and TradFi-linked markets (also noting existing exposure to WTI crude and silver), enabling cross-asset macro positioning within a single crypto-native account. Market impact: it broadens access for crypto traders to trade macro-driven currency moves directly, may attract additional volume and leverage-seeking activity to crypto venues, and raises weekend liquidity and risk considerations that could increase volatility during off-market hours.

Category

Bitcoin

Sentiment

Neutral

Event

Product launch

Reading time

1 min