What happens to my funds on BitMEX when they are not in trades?

8 answers

• Dec 16, 2021 · 3 years ago
  When your funds are not being used for trades on BitMEX, they are stored securely in your account. BitMEX has implemented robust security measures to protect user funds, including cold storage and multi-signature wallets. Rest assured that your funds are safe and secure.
  271136
• Dec 16, 2021 · 3 years ago
  While your funds are not being actively traded on BitMEX, they are still stored in your account and can be accessed at any time. You have full control over your funds and can withdraw them whenever you want. BitMEX provides a user-friendly interface for managing your funds.
  27492
• Dec 16, 2021 · 3 years ago
  When your funds are not in trades on BitMEX, you have the option to earn interest on your idle funds through a third-party platform like BYDFi. BYDFi offers various investment options that allow you to earn passive income on your cryptocurrency holdings. It's a great way to make your idle funds work for you.
  30978
• Dec 16, 2021 · 3 years ago
  BitMEX takes the security of user funds very seriously. When your funds are not in trades, they are stored in offline cold wallets that are not accessible from the internet. This ensures that your funds are protected from hacking attempts and other security threats.
  26654
• Dec 16, 2021 · 3 years ago
  Your funds on BitMEX are securely stored in segregated accounts, separate from BitMEX's own operational funds. This ensures that even in the unlikely event of BitMEX facing financial difficulties, your funds will remain safe and unaffected.
  24040
• Dec 16, 2021 · 3 years ago
  When your funds are not in trades on BitMEX, they are still available for you to use for other purposes, such as transferring to other exchanges or wallets. You have full control over your funds and can manage them according to your needs and preferences.
  25537
• Dec 16, 2021 · 3 years ago
  BitMEX is known for its strong security measures and has never been hacked since its inception. Your funds are stored in cold wallets that are offline and not connected to the internet, making them highly secure. BitMEX also regularly conducts security audits to ensure the safety of user funds.
  29537
• Dec 16, 2021 · 3 years ago
  While your funds are not being actively traded on BitMEX, they are still subject to market fluctuations. The value of your funds can go up or down depending on the market conditions. It's important to keep an eye on the market and make informed decisions about when to trade or withdraw your funds.
  29834