BitMEX Launches Its Full-Control Mobile App to Crypto Traders In Over 140 Countries
BitMEX launches mobile-based trading app allowing users to enjoy the crypto exchange’s features on the go. According to an announcement on Sept 1, BitMEX Mobile is available on both iOS App Store and Google Play Store.
The mobile trading app aims at improving the user experience on the exchange even when off your work desk. Additionally, its will enable swift crypto futures trading with access to all account features available on the desktop site.
Speaking on the launch of the new mobile trading app, Ben Radclyffe, commercial director of 100x, the parent company of the crypto derivatives exchange, confirmed BitMEX mobile is now available in over 140 companies after a successful test period across 28 countries earlier in the year. He further said,
“Our global audience, many of them are mobile first, so having an innate mobile application that allows them to access our product and our services should help increase our user base.”
The application offers users a host of features including direct deposits and withdrawals on their wallets and trading features including market orders, limit orders, take profits and stop losses. The BitMEX Mobile app provides an easy to configure and clear user interface allowing quick buy options by swiping the page.
The app also provides push notifications, price alerts, biometric logins and authentication as well as better security protocols. The on-the-go app however will not be as complex as the desktop version, Radclyffe said in a statement obtained by BEG. “It’s a slightly degraded experience as you can imagine,” Radclyffe on the differences between the desktop and new BitMEX Mobile app.
BitMEX currently is the fourth largest Bitcoin derivatives exchange in daily trading volume recording $1.80 billion in Bitcoin futures on Sept 1, Skew Market reports. This represents a slight $0.4 billion increase in trading volumes in BTC Futures in the past 24 hours.
BitMEX’s extended efforts to launch the Mobile app follows an announcement that new and existing users are subject to KYC requirements by February 2021 in a bid to be more compliant.