Bitmex Signals – Where to get them, what to know
Trading cryptocurrencies is not fun right now – you can only buy and hold – and hope it will get up, but what if everything you touch just tanks. For many people, Bitmex becomes teasing more and more to trade the financial market of cryptocurrency, as it offers the opportunity to reap some profits while the other holdings on regular exchanges are dropping. Bitmex is a trading platform, not an actual exchange, which makes an important difference. The liquidity is given We wrote recently about Bitmex and its danger of high leveraging your trades, and want to stress that leveraged trading can zero your holdings in no time – especially if you don’t know what you are doing. So keep in mind every high leverage traded recommendation is a risk for your account, due to the well-known volatility of Bitcoin and crypto in general. The risks are obvious: One your margin is eaten, the trade – in the worst case your account becomes liquidated. You need a trading plan, on when to enter and when to exit the markets to make money. How about if you had a little help from a seasoned day trader and could hire him as a reliable Bitmex signal provider?
BitMEX is a Hong Kong-based cryptocurrency derivatives trading platform that works as a real-time application for potential investors. It operates in many regions such as Japan, South Korea, and Europe, Russia. US Citizens are blocked by an IP ban from using the live platform. Its commission rates vary with each transaction. Bitmex is since 2014 in the game and was the first to launch a leveraged swap contract on cryptocurrencies. In other words, since there is no expiry (on the perpetual contract for Bitcoin ($XBT) ), one does not need to roll one’s position at a fixed point every time – only the future contracts run out.
Table of Contents
- Bitmex Signals
- General Informations about Trading on Bitmex
Finding the best Bitmex Signals
The first thing we found out pretty fast, is that there are near to no good Bitmex signal providers on the market. They are hard to find and way often an outright scam. We’ve thrown out the fishing rod and found a few ones you could trust. These are providers whose channels we are monitoring for a long time and can vouch for their seriousness. As we are subscribed to the regular crypto signal channels for months now, we can say these guys do a good work in general and if we have to trust anyone for a leveraged signal, then this groups would be our way to go. Not all of the listed groups have general trading channels, though – some of them formed out of other channels or are solely Bitmex-focused telegram channels.
No matter you how excited you become to have found finally some reliable Bitmex signals, you should never, never, never use more than 10x leverage even if a provider suggests it– as this can become a trading suicide pretty fast. One thing you might have observed in trading is, that there is nothing like a “dead-sure signal” – things can change quickly – bad news comes in, the sentiment changes suddenly, and the best technical analysis won’t cover your back. Different to normal crypto trades is that you can’t just hold until the price recovers, especially not with leveraged positions, because the leverage works in both sides, so your equity can be eaten pretty fast if the price runs against your direction. So whatever you trade, if you buy or if you sell, if you are bullish or bearish – you should always have a good stop-loss in place and use proper money management and calculate your risk-reward ratio. It is teasing to go all-in if you have a provider you can trust – but they will also fail from time to time – it is like that, no matter what. Personally, we would not exceed 1-5% of the total equity, you allocated for Bitmex. Remember: slow and steady wins the race and there are no overnight riches waiting for you.
So let’s go – here are the best Signal Providers for leveraged Crypto Trades
THE BITMEX SIGNAL REVIEWS
Our Hand-selected List Of Bitmex Trading Groups On Telegram
Constantly Updated Post
I spent quite some time in the premium channel of Yo Crypto, a reader has recommended them for the great success he had with them. At first, I wanted to skip it for superficial reasons: a Guy Fawkes image as the logo, the only plan is a one-time fee – as you know we are not a fan of such things. I contacted them anyways for some chit-chat and to see if they appear legit, as we value our reader opinions and we like hybrid channels that offer regular signals as well as Bitmex ones. I was surprised to see my prejudice invalidated. Ronny, the admin, was very friendly and showed quite some knowledge, so I decided to take a look. I found a superb success rate with his Bitmex trades, as well as their altcoin signals. They don’t offer a bloated program of services – you pay one time and get great signals for Bitmex and general altcoins short-term and long-term, along with some Background education, simple as that. We first had this provider in our post about Crypto Signals but decided to move it here, as the emphasis was on Bitmex, we figured. Worked for us even in tricky times!
Their offer in a nutshell:
- Excellent Bitmex Signals
- Very accurate altcoin signals
- Long-term coin picks
Signals Review: The crypto trading signals by Yo Crypto have been excellent for us. Even if you do not want to make use of their Altcoin signals, they’d be still to your advantage. They always have a close eye to Bitcoin and its corny moves and adapt their strategy for altcoin trades. We received signals on XTB as well as altcoins on Bitmex. They often provided a lot of targets, so you can adjust with your risk appetite – we never went in longer than target three, but some will love this. The first three targets hat the best hit rate in our test. Don’t expect daily signals here – there are days with many signals and days with less. This is very responsible as the market dictates the trades, and this is the only right way to do it. If the markets are dull or moving in a weird way, it is better to stay out – however, newbies want to burn their fingers first, before they accept it. Yo Crypto is a good solution for those that like to go both ways: Bitmex and altcoin trading in general. We had a FANTASTIC success rate on each kind of signal and especially the Bitmex trades made us great profits. The signals have been so spot on, we can’t believe it at first – but the market did hit his targets very often super-precise. This indicates a deep knowledge of the markets. We felt very good guided by him, as he monitors everything happening around the corn and updates accordingly if, e.g. news appear which are not in our favor. You might not like that Yo Crypto does not provide the technical analysis with his trades, but we have been super happy with the consistent profits he was able to generate us. After testing his Bitmex signals for about a month, we decided to side with his targets and trade direction, if we see conflicting signals. A very honest person, not cocky or anything with magic fingers when it comes to picking the right trades.
And here is how the trade looks on the chart:
The Results: The Bitmex signals by Yo Crypto have been impressive, he clearly has an edge on this markets. As you can see from the trade example Yo Crypto plays the safe card. Smaller targets, taking profits step by step – this is how it should be done. He just doesn’t go nuts, but basically locks in profits when they are there. In our test phase where we traded his signals, we had not stop-loss hit and locked in some nice profits. There have been also larger gains, than in this example but this is not about advertising to promise you the heaven, but more to show you how responsible trading works. Yo Crypto does an excellent job with that. We have mentioned countless times how dangerous Bitmex can be – not being too greedy pays off! Be patient, follow his rules and the gains should come. And now – drumrolls check out the astonishing results, we checked them one by one, and they are real: download recent performance track record here.
Support: Channel owner Ronny is pretty responsive and knows his stuff. While the channel does not offer a chat room for his customers, he usually replies within an hour (depending on the time zones obviously).
Behavior in critical situations: Yo Crypto is obsessed with Bitcoin and observes it carefully to stop providing signals if they anticipate risky moves of corn. They also warned once it is better to get out of alts if you are in a trade short-term (if you don’t intend to hold it anyways, or do not want to get back in with a lower price). Very reliable in critical situations, prefers to play the safe card. He actively monitors the news and delivers trade updates to get out at breakeven if something happens that could affect the success of the current trade.
Margin Signals is trading power from Down Under! The sun seems to have a positive influence on their success rate. A great trader is out to make a great job providing excellent signals for Bitmex and altcoins on top. Mainly they post Bitmex signals, but they don’t refrain to post a good altcoin opportunity which you could take on your Binance or Bittrex account for some extra profits. The free channel gets most of the unleveraged calls and once in a while a margin trade. Right now they offer only margin calls for Bitmex, but soon they will support Bitfinex and also regular Forex calls on top.
In our audit, we saw a strong will to educate their members in the best possible way and to get them trading and learning TA on their own accord. They provide tons of materials to their VIPs like PDFs or calculation sheet for trade tracking, management, risk management, portfolio segregation, and various youtube videos. Additionally, 1v1 TA coaching sessions will also be added next month, though it comes with additional cost.
Rob, the trader behind Margin calls, comes from the forex world and has been a full-time trader for just under a year in Crypto and just under 3 years in total with FX. He mainly trades off pullbacks and reversals off-key lines and breakouts of strong continuation patterns.
The trading style is strictly swing trading.
The paid service offers you:
- Bitmex Signals and occasionally unleveraged Altcoin signals. Soon they will have Bitfinex and FX support.
- Automatic replication of the trades via Auto Trader by using the Bitmex Api
- Personal support by the trader in a chatroom, where all the trades are accompanied by live directions.
- Accurate exit targets and an estimated risk level, depending on the trading style.
- Great Material to have all the needed knowledge to start out with Bitmex. Download their basic trade guidelines here as an example.
Signal Example: An example of a leveraged Bitmex signal and how the trade turned out. Note: This was more one kind of a risky trades. If you decide to take trades of this kind, you should stay available in front of your screen to act accordingly to live instructions. There have been many other more long-term trades. For example, they anticipated the reversal of ETH which gave us a smooth 100% gain, by letting it run for a few days.
Here is the signal:
And here is how the trade has turned out:
Support: They are really great with that and are always there in the chat room to support their members live – no matter if it is about getting out of a trade that turned against them or if the customers need emotional/psychological support. Providing the needed materials and explaining basic things of Bitmex.
Results: We had quite a few good trades here, out of 8 trades we took, 7 succeeded and one failed hard. This is common, as a 100% rate is not possible. It was a trade that has been stated as a risky one and turned against their TA. As things got a bit emotional in the chat room they published a statement about this trade on the next day. We liked their transparent approach and taking the time to explain why that trade failed and how they roll with it. The majority of their trades was pretty successful and not only small scalps, but trades with big-time gains like the anticipated ETH reversal. The signals always contained a clear stop/loss for your risk management and have been live supported in the chatroom.
What we like very much with this provider, that they have a clear track record of their results and tidily keep note of all their trades. Please have a look at their results so far:
- Trade Results April 2018
- Trade Results May 2018
- Trade Results June 2018
- Trade Results July 2018
- Trade Results August 2018
Update: While the recent dump left other providers burnt left and right Margin Signals kept his emotions under control and selected only the best signals, hence the good success rate in this overall mess. Very responsible behavior, a top trader that makes his groups nice returns even in the worst times. Margin Signals have much to come in the oven! Soon they will add also Forex signals to their assortment of services.
Update 2: Margin Calls offers now the automatic replication of their trades with an auto trader. This is included in the price. Find their statement here:
What is Auto Trader?
Auto Trader is an API connection to your Bitmex account. From there, we have the access to trigger your account into any trades that get made by our Telegram channel.
All criteria are specific to that trade;
- Amount of account balance at risk for the trade (10% max)
- Entry Stop
- Profit Target/Exit
- We can also trail the stop loss as the trade progresses
This isn’t some bot, that triggers entries based on a few indicators and scalps tiny profits or averages down your buy-in if the trade goes bad…. This is a fully customized system that will set your trade based on the individual trade set up. Fully managed end to end by our head trader.
Who does this suit…?
If you are on a different time zone, have heavy work commitments, not confident in your own trading skills or even just want an investment you can compound and come back to in a year or two. Our Auto Trader has it covered for you.
A game changer for the Trade Signal space, a first of its kind that we are aware of.
Cryptomedics Margin Channel
Cryptomedics is a well-known channel for special information nobody else has, as well as for great technical analysts. These guys definitely know what they are doing and have quite a big team to deliver some seriously good stuff. Their Elite channel was the only chance to get into their margin channel until now, but recently they opened it, along with their altcoin signals in a bundle for lower budgets. So besides the bitmex signals, you also get their valuable altcoin signals as well. For their customers they have prepared documents and webinars ready to make sure no one does stuff on Bitmex, they do not understand. Very good level of education. The channel also comes often with general Bitcoin strategy updates – how to react to the recent ongoing things, how to be prepared for eventualities. Worth to mention: They manage a 400k fund and trade this also on Bitmex for their clients. So…
Signals Review: Woohoo – these guys rock it with their signals. They offer pretty great margin calls with exact instructions of what to do and where to buy in. What I liked the most with them, besides their high success rate, is that they give exact entries for a laddered entry. This means you don’t enter with 100% of your allocated funds at $6540, but instead they show you several entry points, where you can split these funds to get into the trade with an averaged price – this is a huge risk decreaser! They also trade alts on Bitmex, but honestly, it doesn’t matter, they just kill it there, no matter what they touch!
And here is how the trade looks on the chart:
The Results: This was a juicy 60% trade, but not the only one of its kinds. There are many success stories with this channel to be found and I really like how they manage and update their trades permanently. You can check their past performance for the Altcoin + Bitmex Bundle in this regularly updated performance tracking sheet.
Support: The support is great and very personal. They also have a very active chat channel, which contains pure gold of extra information for every crypto trader.
Verified Margin Traders
These guys astonished us with their precise work and a great network of traders and hand out valuable pieces of education to their subscribers. We reviewed the signals channels some time ago and are still suckers for the reliable service by the Dutch company. Recently they started to run a separate channel for margin trades and cover 1Broker and Bitmex trades there. They hired two popular traders for this channel to provide daily signals (if the market allows): Crypto Twitter’s trading star CryptoCoffee and Tomas. Cryptocoffe now provides her excellent work to the Verified Network. About Tomas:
Tomas started with Crypto at the beginning of 2016. Mid 2017 he signed his first contract for trading with the capital of someone else and running a managed fund, purely on his results. Right now he has 8 people under contract and trades not only for himself but a series of managed investments. Before all that Tomas studied politics and economics, He also started his own company that was focusing on giving out loans with interest and managing other people’s finances. Right now Tomas has a role by starting and developing the German Bitcoin political party with a former BTC contributor and developer Jörg Molt. Tomas will be adding Bitmex/1Broker and BTC /Alt calls for VCG.
Buying and selling this virtual currency markets is risky, so you need signals with a good probability, as the market volatility can become high. As the name implies, you will also get a constant stream of cryptocurrency and Bitcoin news. Please note that Bitmex signals are only an add-on channel here to the general crypto signals they provide, so you can choose to get only margin traders or a combination of leveraged signals along with regular trade recommendations and some for Bitmex on top.
And here is how the trade looks on the chart:
The Results: This have been some juicy 50% by Trader Tomas, and there are much more trades of this alike in their channel. They update the trades pretty often and keep in touch with you regarding the running trades. The userbase is pretty active in the chat and there are volunteers tracking the results, which we like more than channel owners track record. You can see it for the margin trade here in this Google sheet.
Support: Support is great – the traders interact in the chat and it is always someone there to reply to all of your questions.
Recently a friend of Smart Options approached us to check the Bitmex Lifestyle channel and how we would rate them. At first, we have been skeptical about this group but decided to give them a go. We are now with them for quite some time and are pleased that we found them. Trading is always a game of averaging the winners and the losers, and like with the other channels in here, we had both of them with Bitmex Lifestyle. In our testing period, we had 8 winners with profits between 20 to 30%, all targets achieved and two stopped out trades. However, to be fair, one has to say, that the first stopped out trade was an ETH trade, which got stopped by a spike that has been discussed on Reddit, and lifted off immediately after and would have achieved all targets – technically the trade was perfect. The second loser was marked as High-Risk Trade, so we did not take it, but it has to be counted as posted. Fun Fact: While whole crypto twitter was bullish for the weekend, this group had a short signal – which gave us a cute 30% profit. Let’s take a look at the group and who is behind:
@bitmexlifestyle is a channel formed by a team of 4 traders, coming from the conventional financial market and forex, working in crypto-currencies for more than 5 years. They are old-school “metatraders” (MT4Life!) on BTC-e and definitely know their stuff, as I was able to confirm in a private chat with one of their traders. Their focus is on short-term leveraged operations, all pairs in BitMex and they often offer altcoin trades. The free channel gives a nice impression of their work and we can vouch for their paid channel. You get the signals in a very classic format with not too much background information, though the quality was very well, so it is no big deal. The most important thing is that they used a state-of-art risk management, using stop-loss in all operations. Each trade gonna be signalized with a risk factor to suits every portfolio aggressiveness. It might be the wrong place if you want to learn to trade and to educate yourself, but it is the right one if you just want solid signals and execute them, without being able to interpret the charts. The trading style is mostly swing trading with a few scalps in between.
The paid service offers you:
- 20 to 40 signals per month
- Personal support by the traders. If you are in a trade and need help in any kind of matters, you will be redirected by the support staff to a trader, that can help you with your best options.
- Accurate exit targets, which is an important factor with leveraged Bitmex trading.
- A chatroom exclusive for the VIP members with a direct line to traders is in the making
- One cool differential is that Bitmex Lifestyle Team operates only on BitMex, meaning the scalp, short and longer trades gonna have 100% of their attention.
Signal Example: An example of a leveraged Bitmex signal and how the trade turned out.
Here is the signal:
And here is how the trade has turned out:
Support: They have always been very responsive and professional with every request. They know how to handle customers, and are very friendly and helpful. They are currently developing monthly reports with tutorials on risk management, emotional control, operation control spreadsheet. From beginner trading to advanced operations, so this kind of support should really help you grow your equity.
Results: As said in the post we had 8 winners out of 10, with a mean profit level of 24% each. 1 got stopped out by an artificial drop, which would have been quite a good one if it developed. They seem to know what they are doing and you can surely have a good roll with this guys if you use proper risk management. Skimming to the prior results we can talk about an averaged rate of 80%+ accuracy in the signals given so far on the free channel and 90%+ on VIP, and that while they are transparent with losses. They don’t pretend that they are able to keep this result forever, as it is inevitable that mistakes happen. My guess is that they will hold a 70-80% success rate in the long run.
Bitmex Signals track their results live in this Google docs sheet, so you can take a look to get an impression of the quality.
UPDATE: Bitmex Lifestyle has recently changed their methodology and enters in a laddered way into trades. This had a great success and all results in August have been closed in profit for now.
How to use Bitmex Signals
Golden Rules when trading these Signals
This is a small Bitmex Signals 101 on how to not burn your account. Follow this rules to a T and you will have your account very long and prosper. I know, many people just join signal groups and go all in, in full trust, but this is not how to do it, this is the way to burn your account. Traders are never 100% right, 60-70% is great rate and these tested providers have shown this number consistently for a longer timeframe. But there will be losers – it is normal! Here are the rules for you to print and glue them on your desk.
- Allocate no more than 10% of your total equity for each trade.
- If the entries are even numbers, modify them to odd numbers
- Spread this 10 % for each signal 4% at entry, 3% more above, another 3% even more above for short order, 4% at entry, 3% below and another 3% if the price drops even more for a buy order.
- Take profit on targets, make targets odd numbers if even.
- Take 50% out on TP1 and move the stop-loss to break even. This way you book profits and make the trade risk-free at the same time. Take 10-20% on the targets after TP1 and leave some tiny % on the trade as you never know.
- Never exceed 10x.
- There are no “safe trades”. Treat each trade like that. Safety can only come from how you handle your account by your money management.
How to use leverage on Bitmex
Day Trading cryptocurrencies has its ups and downs. However, the biggest advantage in bear times is leverage trading on Bitmex for your trades, if you know what you are doing. Leverage simply means that you borrow money for investing in something. In case of the cryptocurrency market, these funds are given by the other traders’ funds as Bitmex is a mercantile peer-to-peer exchange with a smart funding feature. If you critically evaluate the working of the Bitcoin trading sector, then the working mechanism is similar to that of the Forex market. For example, when you trade leverage 50:1 in the forex market, then this means that you can trade 50 times more than the original capital. Different cryptocurrency exchanges offer the users the facility to open up leverage positions, Bitmex even offers up to 100x times leverage on Bitcoin trades – our suggestion though is that you never should exceed 10x. However, the leverage ratios that are offered in the digital currency market are quite low for the most other exchanges. The reason is the volatility of the digital currency market and the implemented danger to leverage a trade in high numbers. The leverage in the digital currency world follows one simple rule, “High leverage can yield high returns,” but there is also a possibility that high leverage can yield heavy losses.
Let’s start a small tutorial that shows how you can trade on bitmex with possible leverage.
Understanding the Difference between Margin and Leverage
When you have made up your mind to trade cryptos with leverage, then you need to be familiar with another concept also, and that is margin trading. Margin can simply be termed as a good faith deposit that is required to keep your trade open. The leverage can be termed as a by-product of margin trading, and it helps the trader to control the trade size.
When you wish to indulge in margin trading with cryptocurrencies, then you will have to borrow the money against your existing funds. This means you will trade on margin on Bitmex and you are leveraging your existing funds and increasing your buying/selling power.
With great power, comes great responsibility
Example of a leveraged long trade with Bitmex
If one buys 1 bitcoin with 0.1 BTC by buying a 10x margin position at BitMEX, it must be noted that the rate of dollars used will vary with current market value. This leverage is taken at 10x. Moreover, the price of bitcoin can also be shorted if the contract is sold by any means. Here the constant risk of losing the stake is present. This leverage was initially set at 10x. It can be raised to as high as 100x with Bitcoin, which is never advisable. Evidently, 100x leverage is a blind risk or gambling as some people may call it. But if one plays a successful gamble, it pays blind riches back – but most of the times it leaves rek’t accounts behind. The key to such a mammoth success is how effective the strategy of the businessman or investor is. As far as the jargons are concerned, when carrying out the operation, the available balance and cost are defining factors.
Note: The cost must be lower than the available balance for the uninterrupted and successful execution of the process.
At first, the position of the user is set at a certain quantity. This quantity is in dollars and is variable according to the changing asset. Moreover, the amount of money that is reserved as a risk is less than that. It is an unsaid rule for a smooth operation.
- Cost: There is another term known as a cost that has slightly more than the literal meaning of the word. The value of the BTC determines the cost, and the leverage factor multiplies to that values, e., in this case, it is around 0.10 BTC (leverage is still 10x).
- Order Value: Next thing we encounter is the order value. In this example, the value of the position is set to a specific value. The order value is determined from that. Here too the value is 1 BTC. Its value in dollars is calculated according to the current rate of the dollar in the international market.
Note: It should be remembered that fees are calculated on this value.
- Available Balance: Available balance is also an important term. It is the amount of the equity present in the current time for the trading. As mentioned before, it should be sufficient enough to start off a trade and must be quite greater than the cost as we have defined it previously.
- Liquidation Price: The liquidation price is also calculated during the process. It is an approximate value that is calculated in case of insufficient time, or the business faces insufficient exposure at any time. There is a calculator on the website, you can use up front to calculate your liquidation price – and you should make use of it.
After defining all the terms, values and margins, we are ready for the execution. The details of all the inputs and corresponding output are now ready to be looked at. An interesting fact is that the profit can exceed 100% or even more but the losses are restricted to 100%, and the efforts are of course made to minimize this percentage as low as possible.
Example of a leveraged short trade with Bitmex
The procedure is the same, but the percentages of the long and short profits and losses differ a great. Like long, the profit can exceed up to 100%, but unlike long, it cannot be termed as unlimited. This is because, in short, profit is limited when the price has fallen to 100%. Now, the price would become negative as it falls any further with the current or increased rate hence limiting the value of the profit. This is one of the many specialties of the BitMEX. The trading contracts are designed in a way to optimize the benefits of the clients to broaden the outreach of this entire program and translating the business strategies into the digital world to provide an easy and timely access across the globe.
Options, Options, Options for leveraged trades on Bitmex
Most of the platforms offer two order types. One is the limit order, and the other one is a market order. This means that you will buy or sell your order at the market or the limit price. With a market order, the order gets executed directly against the order book. With a limit order, it gets triggered once a certain price is reached. You always should add stops to your orders when you go into day trading, chances are high to get your complete funds on this bet liquidated fast, especially with leverage. For this stop orders, it is the same, you can place it as limit order (not advisable, these often don’t get filled in fast moves) or as a market order. This means that your order will only be executed once the specified stop level is reached. In short, the stop level will act as a trigger for your order. If the trigger is not reached, then the order will not be executed.
Bitmex also offers advanced order types. For example, you can set hidden stop loss orders, trailing stop orders, take profit as limit or as a market order. Again, using this options makes sense with the market option, even if you pay more fees for it. Past has shown limit orders often don’t trigger with fast moves, and those happen pretty often.
The Fee Structure for Leverage Trading on Bitmex
To those who are not familiar with the maker/taker fee concept it works like the following:
Maker fees are paid when your order is executed via limit order below or above the current ticker price. Example Bitcoin is at 7,000 USD and you place a sell order at 7,250 USD. You add liquidity by doing so, this is rewarded with lower fees.
Taker fees are paid when you trade the order book with a market order. If you place a market order buy at 7,000 USD it needs a seller that wants to sell his contracts at this price. This removes liquidity from the system as it removes other traders’ offers.
So if you buy with a market order you pay 0.075% fees. If you use a leverage of 10x, it will multiply with it and you pay 0.75% and so on. Always keep the fees in mind!
Free Bitmex Signals on Twitter and Telegram
Furtherly we found a few Twitter accounts that provide also great trading signals for Bitcoin on Twitter. The signals are just a few here and there and you have to follow the Twitter account closely, but it is worth it. On top of that we provide one telegram channel that gives great Bitmex signals for free, though it is just a matter of time, it will cost something.
We hope you enjoyed this overview of Bitmex signal providers and wish you much luck and good results in trading. Please be sure to use a low leverage like 3x max to put an extra layer of safety to your trades. Trading is no fast money-making, it is about a slow and steady increase in your equity. Buying and selling with leverage in the markets can raise your funds – and yes, you can use them than to purchase more altcoins at the current discount prices, but the risks are significantly higher. Always keep that in mind. Stay & trade safely!