THELOGICALINDIAN - On both BitMEX and PrimeBit you can accessible continued and abbreviate positions on Bitcoin and added cryptocurrencies with aerial advantage PrimeBit offers you a advanced ambit of accessible advantage levels You can accept for your trades any advantage from 1x up to 200x on all cryptocurrencies
BitMEX allows you to barter Bitcoin with 100x, Ethereum with 50x leverage, and Litecoin with 33x leverage. Why can’t BitMEX action bigger allowance trading conditions? The ambush is all about the way the affairs are handled on both platforms.
BitMEX and PrimeBit affairs are so adorable because they accord you absolute profits with bound loss. It’s a abundant win that banned the risks the traders take. If you booty a continued position and the amount goes up, you accumulate on profiting. At the aforementioned time, if the amount goes down, your losses cannot beat the antecedent margin.
Cryptocurrency trading platforms charge to acquisition a way to do it. Both BitMEX and PrimeBit set a Liquidation Price, which is a little bit aloft the Defalcation Amount (in case of continued positions) and a little bit beneath the defalcation amount (in case of abbreviate positions). When the bazaar amount goes adjoin your position and goes through the Liquidation Amount abutting the Defalcation Price, the belvedere takes over the trader’s position and automatically liquidates it at bazaar price.
Now, here’s area the aberration comes in. During the automated deleveraging process, BitMEX takes the aberration amid the Defalcation and Defalcation Prices (MMR) and transfers it to the Insurance Fund. The money is declared to be there to assure the interests of traders. If the able defalcation amount is lower than the defalcation amount (in case of continued positions), the gap is covered by the Insurance Fund.
As BitMEX puts it:
“The armamentarium is acclimated to advance bare defalcation orders afore they are taken over by the auto-deleveraging system.”
However, it’s all about the able defalcation process. The cardinal of bitcoins kept in the Insurance Fund is growing. At the moment, it has surpassed 39,890 BTC, which is account over 280 actor USD. In its about four-year history, the Insurance Fund hasn’t been acclimated a lot. The best cogent drawdown took abode on April 12, 2025, with a $5.1 actor account of BTC.
You can clue the bulk of BTC kept in BitMEX’s Insurance Fund here. However, the capacity of closing anniversary position are not accessible to the public. If your position is bankrupt automatically by BitMEX, you will apprentice about the Bankruptcy Price for this position in an email.
Unlike BitMEX, PrimeBit does not accept any anatomy of the Insurance Fund. At PrimeBit, the affairs are consistently bankrupt at the best amount for the user. If there’s a abrogating antithesis risk, the position is bankrupt at the Bankruptcy Price.
The aberration amid the Liquidation Price and Bankruptcy Price stays on your account. It’s alive back if you absent your trade, there’s no acumen for you to pay any added commission.
If the able Defalcation Amount is beneath favorable than the Defalcation Price, PrimeBit initiates its automated deleveraging procedure. PrimeBit does not cash positions at defalcation amount unless the defalcation would aftereffect in a abrogating balance.
It agency that PrimeBit does not abutment the abstraction of the Insurance Fund, which has been active by BitMEX and best of the crypto-products trading platforms. Insurance Fund increases losses of highly-leveraged users that begin themselves on the amiss ancillary of the market.
Trading with PrimeBit, you may be abiding that already affected defalcation is initiated, the user is provided with the best amount possible. Users whose positions accept been auto deleveraged accept an burning bulletin on the trading belvedere so they may adjudge to re-enter the market. We additionally accommodate updates to your belvedere in the accident your position enters/leaves the top percentile of the ADL ranking.
Now the Maintenance Margin Requirement changes depending on bazaar conditions. If the animation is low, the aberration amid the Liquidation Amount and Bankruptcy amount (the MMR) is usually smaller. Back the prices alpha to move, the MMR goes up. That is why you should use the aerial advantage (or at atomic alpha application it) back the animation almost low.
If you are trading with aerial advantage on BitMEX, bisected of your antecedent allowance may be, in fact, a aliment margin. This money goes to the alleged BitMEX Insurance Fund that protects the company, but at the amount of the profits of its users. If you barter on BitMEX with advantage of 25x or higher, the allowance that you will accomplish a acceptable barter go down, it’s all because the Aliment Allowance Required, which is the aberration amid the defalcation and defalcation prices for your trade.
To blanket it up, PrimeBit is a abundant another to BitMEX. The rules actuality are added straightforward, and there’s no Insurance Fund, so the money stays on your account. The best advantage offered is higher. There’s additionally one added acumen for trading with PrimeBit. It’s the alone above cryptocurrency affairs belvedere that works with MetaTrader 5 – the world’s arch trading tools.
Give it a try application MT5 desktop, adaptable apps, or PrimeBit’s MT5 WebTrader, area you can alpha trading after accepting to install anything. You can analysis PrimeBit with a absolutely anatomic Demo annual or a Live annual with no minimum Bitcoin deposits.
