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Hong Kong SAR
2018 (8 Years)
Last online: No recent activity
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License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know BTCMEX
Company Information
Get to know BTCMEX
Launched in late 2019, BTCMEX was a cryptocurrency derivatives exchange designed for both retail and institutional traders. The platform focused on providing high-leverage perpetual contracts on major cryptocurrencies like Bitcoin and Ethereum, aiming for high performance and low latency. The company was notably backed by investors from BitMEX, including its co-founder Arthur Hayes. In 2020, shortly after its launch period, the platform was officially rebranded and continued its operations under the new name, Phemex, which expanded its services and market presence.
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