BitMEX launches spot cryptocurrency marketplace

BitMEX launches spot cryptocurrency marketplace
Photo by Art Rachen / Unsplash

Global cryptocurrency derivatives exchange BitMEX will allow retail and institutional investors to buy, sell and trade digital currencies.
The company announced that it is launching its own spot cryptocurrency trading platform, BitMEX Spot Exchange.

At launch, the exchange will support seven cryptocurrency trading pairs: BTC, ETH, Polygon (MATIC), ApeCoin (APE), Uniswap (UNI), Axie Infinity (AXS) and Chainlink (LINK). The company plans to become one of the world's top 10 spot exchanges. According to the announcement, the company decided as early as last year to create its own spot exchange to meet growing customer demand for digital assets:

"We are not going to stop there and will continue to develop our crypto ecosystem. In the future, we will add more trading pairs and give our users more opportunities to participate in the market