BitMEX, a cryptocurrency-based trading platform, owned by HDR Global Trading Limited, breaks its record to make another record of the most volume of Bitcoin traded within 24 hours. The new record of more than 1 million units of Bitcoin traded was created on July 24, and the record surpassed the platform’s previous record of 800,000 units of Bitcoin traded within 24 hours.
BitMex The Record Breaker
The digital currency trading platform shattered its record to make another extensive record in the cryptocurrency industry. The firm is owned by HDR Global Trading Limited, a company founded in the Republic of Seychelles.
The company (BitMex) announced this new feat of trading over 1 million units of bitcoin in 24 hours on it platform for the trading period of 24 July 2018. A total of 1,041,748 units was traded, which surpassed the previous record set by the firm. Amidst the new bullish trend of Bitcoin, which has seen it rise to over USD8,000 the company has achieved this unique feat.
According to CEO and Co-founder Arthur Hayes, the new feat achieved by the firm is credited to the ongoing capacity increase attained by the company in scaling the engine architecture. He also states that the recent rise in the volume of cryptocurrency trade and the increase in the value of Bitcoin is an omen of a broad understanding of the potential of Bitcoin as the future of the global market. Missing out on the opportunity inherent at the moment might be a great miss.
He further states that,
“The record that BitMEX has set marks a major milestone in the cryptocurrency industry’s overall path to maturation. I am delighted that BitMEX’s easy-to-use and highly secure trading application has helped to onboard yet another tidal wave of people from all around the world to the crypto market and given them the confidence to participate on the largest scale ever seen.”
In an addendum to the new feat of becoming the highest trader of Bitcoin volume in 24 hours, the company further becomes the first cryptocurrency platform to trade a volume of over USD 1 billion within 24 hours. These feats represent a general growth for the cryptocurrency community, as this stands for more influx of investors into cryptocurrency, and also a rise in the trust in cryptocurrency as a form of investment, as stated by the CEO BitMEX, Arthur Hayes, despite recent trend of aspersion cast on it by some Billionaires.
BitMex lists future trading contracts on Bitcoin Cash, Ethereum, Tron, and Ripple cryptocurrencies. They also have 1500% more Bitcoin to USD liquidity than any platform in the world. The volume of liquidity makes it one of the best platform to trade.