Quick take:
- Bitmex has finally launched a mobile app
- Bitmex had long been without a mobile app and users had requested it for quite some time
- The mobile app will provide users with a full range of innovative products
- It is currently available on the Google Play Store and Apple Store
Moments ago, the team at Bitmex has announced the release of its highly anticipated mobile trading app. The exchange had hinted about launching a mobile app back in June and this move is in line with Bitmex providing users with a way to trade derivatives on the go. The team at Bitmex further elaborated that the new app will be safe, secure and will feature Bitmex’s full range of innovative products.
Below is a tweet by the exchange providing a video demonstration of the mobile app.
Introducing BitMEX Mobile. pic.twitter.com/IlIL7YczHx
— BitMEX (@BitMEX) September 1, 2020
Available on Google Play and the Apple App Store
Furthermore, the Bitmex mobile app will be available on both Google Play store and the Apple app store. The app will be available to residents of over 140 countries with more being added with time. Additionally, users can also download the APK of the app directly from the Bitmex website: www.bitmex.com/mobile.
Current Features and New Ones to Be Added With Time
At the time of writing the Bitmex mobile app includes the following features:
- Order builder – allows traders to quickly create limit, stop and take profit orders
- Management of open positions
- Real-time data and candlestick charts
- Deposits and withdrawals
- Biometric authentication
Bitmex also promises to add new features as time goes by, in a bid to meet the demands of users.
Mobile App Could Assist in Encouraging Users to Stick to Bitmex
To note is that the launch of Bitmex mobile app comes days after the exchange announced that it will now require all users to verify their identity. Traders on Bitmex were given until February next year to complete its standard KYC procedure.
The mobile app comes at an opportune time as it might just be what the doctor ordered for Bitmex in the sense that it will help maintain the exchange’s user base. For a very long time, Bitmex was one of the few crypto exchanges without a mobile app. It was lagging behind other major exchanges such as Binance, OKEx, Deribit, just to name a few.
