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Bitcoin futures powerhouse BitMEX is now supporting Tether-margined trading

BitMEX, one of the world’s leading crypto derivatives platforms, has announced that its traders can officially margin and settle with Tether (ERC20-USDT) on the platform starting today.

(1/5) It’s official  our #USDT contracts are live tomorrow at 04:00 UTC!
— BitMEX (@BitMEX) November 9, 2021

“Adding Tether to BitMEX is our way of embracing the coming tidal wave of retail adoption. But the big picture here is less about Tether itself, and more about how this opens up the range of products that BitMEX can offer. This approach, with a new suite of products, is designed to offer more trading opportunities for everyday users,” said Alexander Höptner, CEO of BitMEX, in a statement.
He added, “We’re going Beyond Derivatives, and Tether-margined products are an important milestone in our transformation. But we’re also keeping the things that set BitMEX apart from the rest: superior trading technology, ironclad security, and the biggest insurance fund in the busin

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