What is BitMEX?
BitMex stands for Bitcoin Mercantile Exchange and it’s a platform designed for advanced currency traders in this industry.
Experienced traders can get up to 100 times leverage in contracts and shorting, which increases the chances of making it big profits or losses.
Advanced traders are more comfortable with higher risk and that’s why this platform is so popular with them.
BitMex only trades in BitCoins, which means profits and losses are made in Bitcoin even if you use altcoin to finance trading.
This platform isn’t beginner friendly and not suitable for people looking to invest.
What is Bitfinex
Founded in 2012, Bitfinex is a cryptocurrency exchange providing advanced services for digital currency traders and liquidity providers.
Bitfinex is the worlds most advanced cryptocurrency exchange, and the world’s largest exchange by volume for trading Bitcoin against the US Dollar.
What is VPN for BitMEX and Bitfinex?
For unknown reason in 2017 BitMEX and Bitfinex unexpectedly announced that they not allowed USA traders on their platform.
US citizens are banned from BitMEX due and Bitfinex to local laws in the US – there is not much further explanation
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VPN. VPN is a short for a Virtual Private Network that gives Internet users an ability to apply a completely secured and encrypted network connection by getting an access to any public or private network in the Internet.
VPN for BitMEX and Bitfinex is a reliable way to encrypt all your traffic and mask your real IP address.
Lot of traders from the United States are using VPN to access BitMEX and Bitfinex.
You need a VPN account if you would like to access the platform from the United States.
VPN service works on all major operating systems – Windows, macOS, Android, iOS…etc
VPN servers for BitMEX and Bitfinex are located outside US in Europe and Singapore.
We recommend perfect VPN for BitMEX and Bitfinex