BitMEX Announces Two New Crypto-Trading Products: ETHUSD Perpetual Swaps & UPs and DOWNs

August 13, 2018


Earlier this week, BitMEX broke their own record trading over 1,027,214.62 Bitcoins in a day. On the same day, the platform also announced two new crypto-trading products:


ETHUSD perpetual swaps, and UPs and DOWNs


ETHUSD Perpetual Swaps: Following the success of their XBTUSD perpetual swaps, BitMEX has decided to launch a similar kind of an offering for Ethereum as well. Following the launch of this, users can now trade ETHUSD price at up to 50x leverage. Moreover, settlement issues can now be easily avoided as well. 


UPs and DOWNs: Following the introduction of this new product on BitMEX, users can now make use of the call and put options. UPs and DOWNs basically stands for Upside profits contracts and Downside profits contracts. These are some features that ‘traditionalists’ would be more familiar to. Upside profit contracts allow users to purchase cryptos at a particular price-point and hold them for a predetermined time limit. Downside profit contracts allow the users to sell these cryptocurrencies at a particular price. 


About BitMEX: BitMex is a Peer-to-Peer Trading Platform that offers leveraged contracts that are bought and sold in Bitcoin. BitMEX offers perpetual contracts on bitcoin futures and swaps and also many different fixed-date expiries. The highest leverage BitMEX offers is up to 100x leverage.


Click this special link to open an account at BitMEX and trade ETHUSD Perpetual Swaps with up to 50 times leverage and get a 10% Fee discount for 6 Months





About the writer: Ava Lauren



As an expert on cryptocurrency related topics, I've found myself working as a Journalist at I write articles related to bitcoin and other cryptocurrencies. Email me


Share on Facebook
Share on Twitter
Please reload

Featured Posts

#Binance Adds #BTT/PAX, BTT/TUSD and BTT/USDC Trading Pairs

February 14, 2019

Please reload

Recent Posts
Please reload

Beginner's Bitcoin Buying Guide

Learn how to buy

bitcoin with this free step by step guide for  beginners.

Click here to read

Please reload


© 2018 by  - email  us:

Terms of Use and Privacy Policy Disclaimer: Most of the articles, ratings, and reviews are posted because we are compensated in some way.

Follow Us
  • Facebook Basic Square
  • Twitter Basic Square