Bitcoin Mercantile Exchange Launches BitMEX Mobile, the Crypto Derivatives Platform’s Trading App for Smartphone Users – Crowdfund Insider

The Bitcoin Mercantile Exchange (BitMEX), the world’s largest cryptocurrency derivatives trading platform in terms of volume, has introduced support for mobile trading.

The Seychelles-registered and Hong Kong operated exchange noted:

“As part of our promise to our users to keep improving our offering, we’re delighted to announce the launch of BitMEX Mobile, our official app, making trading on mobile simple, smart, and highly secure.“

The exchange explained that BitMEX Mobile allows traders to manage all their important account features, and lets them access the platform’s full range of products. It’s currently available for download through the Apple and Google Play Stores in more than 140 countries. The exchange confirmed that it would be adding more countries later on.

The new mobile app comes with a user-friendly order builder feature that allows active traders to “quickly and seamlessly” create limit, stop and take profit orders, the BitMEX team noted. The app aims to offer the same type of features available for desktop or laptop users. For instance, users will have access to real-time market data and the latest candlestick charts.

Users will also be able to easily make deposits and withdrawals directly through the app. Security can be increased with special login notifications and biometric authentication.

Last month, BitMEX finally announced that it would make ID checks mandatory for all digital asset traders on its platform.

BitMEX had noted that it would be launching its User Verification Program by August 28, 2020. All BitMEX customers will reportedly be required to complete ID verification checks “within the next 6 months.”

BitMEX had said that the new controls will enable the exchange to establish a “more trusted” and secure crypto derivatives trading

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