Derivative market is another form of the trading market.īitMEX is a derivative market for crypto instruments. leverage trading is a term used in the trading markets.
It is different compared to Binance because on BitMEX futures contracts that mimic cryptocurrencies are bought and sold whereas on Binance actual spot trading takes place. It is a peer-to-peer trading platform that offers leveraged contracts that are bought and sold in Bitcoin. BitMEX stands for Bitcoin Mercantile Exchange.
