08/05/26 13:20 UTC-04

BitMEX Launches Perpetual Contracts for Currency Pairs for 24/7 Trading

BitMEX has announced the launch of several perpetual contracts for currency pairs, offering users the ability to trade on the Forex market 24/7 without weekends.

Among the new pairs are EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CHF, and USD/CAD.

The cryptocurrency exchange BitMEX has introduced six perpetual currency contracts, giving traders access to the Forex market in a 24/7 mode, including weekends, with the ability to use cryptocurrency as margin.

New Opportunities for Traders

These instruments allow trading the most liquid currencies directly, bypassing traditional forex brokers and the need to deposit fiat currency, according to BitMEX.

"Forex is the largest and most liquid market in the world, but access to it still relies on fragmented systems with limited working hours," said Stefan Lutz.

"With perpetual FX contracts, traders can open positions on major currency pairs at any time using crypto assets as margin, without the operational difficulties inherent in traditional broker models. This reflects the global shift to cross-border trading in continuous mode," he added.

Advantages of New Contracts

FX Perps allow traders to use cryptocurrency as margin, removing the need for fiat deposits, bank transfers, or broker registration. Contracts offer leverage up to 100x and operate with a base interest rate of 0%, eliminating rollover fees typically charged by traditional forex providers.

The selected pairs make up a significant portion of the global Forex market turnover. The EUR/USD pair alone accounts for about 23% of daily trading volume, while USD/JPY and GBP/USD are widely used for expressing forecasts on interest rates, monetary policy, and global market sentiment.

Difference from Traditional Forex

Unlike traditional Forex markets, which close for approximately 48 hours on weekends, BitMEX FX Perps can be traded continuously, allowing real-time reactions to macroeconomic events.

Pricing is based on aggregated external data during market hours and transitions to the activity of the internal order book during non-trading hours to ensure uninterrupted access.

Further Product Expansion by BitMEX

BitMEX plans to expand its range of perpetual TradFi products based on user demand, relying on its existing offerings in stocks and commodities, including products like WTI crude oil and silver (XAG).

This expansion reflects BitMEX’s strategy of integrating crypto-native infrastructure with traditional financial markets through a unified platform, the company emphasized.

About BitMEX

BitMEX is one of the oldest crypto-derivatives exchanges, offering professional traders a platform that meets their highest requirements: minimal execution delay, deep liquidity (especially for Bitcoin), and reliability.

The team emphasizes that since its inception, no crypto asset has been lost due to hacking or unauthorized access.

"This allows BitMEX users to trade with full confidence in the security of their funds and uninterrupted access to the tools necessary to generate profit."

BitMEX was also one of the first exchanges to publish Proof of Reserves and Proof of Liabilities data on the blockchain. The exchange continues to publish these reports twice a week, ensuring that customer funds are securely protected and segregated.

Editor: Alyona Nabok