BitMEX partners with Zodia Custody to offer secure off-exchange trading with up to 250x leverage for institutional clients globally.

BitMEX Unlocks Safer Trading with Zodia Custody Partnership

BitMEX partners with Zodia Custody to offer secure off-exchange trading with up to 250x leverage for institutional clients globally.

BitMEX has launched a major partnership with Zodia Custody to improve trading safety. The new integration enables users to trade without transferring money to the exchange. Consequently, institutional clients will have access to deep liquidity and retain assets.

BitMEX Introduces Off-Exchange Trading with Secure Custody

The new system is based on Interchange, an off-venue settlement solution created by Zodia Custody. By this arrangement, traders have direct access to crypto derivatives markets. Nevertheless, they do not have to pre-fund accounts on BitMEX. Therefore, this minimizes the risks associated with holding money on exchanges.

In addition, the platform enables trading with a leverage of up to 250x. This aspect provides professional traders with greater flexibility and control over strategies. Meanwhile, their assets are kept in cold, segregated custody. This leads to the provision of high-performance trading as well as strong protection to the users.

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The system also reflects user balances to BitMEX to trade. Nevertheless, the real money remains locked up in the Zodia Trading Vault. This structure minimizes counterparty risk and still has full trading capabilities. As a result, traders are able to trade with confidence.

Moreover, assets are safeguarded during the entire lifecycle of the trade. The money is transferred only at the time of settlement and is safe at other times. This method complies with the institutional safety and compliance standards. It also helps to accommodate the increasing demand of professional investors joining crypto markets.

Advanced Products and Automation Improve Trading Efficiency

The joint venture offers a broad selection of trading products. Perpetual contracts with up to 250x leverage can be traded by users. Moreover, futures contracts can be used in hedging or speculation. Thus, traders are able to react fast to the evolving market conditions.

In addition, BitMEX provides traditional finance-based perpetual products with the help of this integration. These are exposure to the U.S. stocks, commodities and foreign exchange markets. Consequently, traders are able to diversify portfolios with a single trading system. This is a good bridge between crypto and traditional finance.

Moreover, spot trading is available for such assets as BTC, ETH, USDC, and USDT. Derivatives can also be traded on these assets. As a result, traders are allowed to be more flexible in the management of funds and positions.

The Interchange system also allows the use of cross-collateralization among more than one token. Moreover, it allows settling daily in the same currencies as collateral. This saves conversion costs and makes the operations easier for institutional users.

In the meantime, settlements are completely automated using the Trading Vault and Settlement Wallet. This saves manpower and increases speed. Meanwhile, 100 percent of collateral is safe until settlement. Therefore, efficiency and protection are enjoyed by the users.

Ultimately, this collaboration is a significant milestone in the institutional crypto trading development. It integrates safe depository and profound liquidity accessibility within a single framework. As a result, BitMEX strengthens its position among professional traders worldwide.

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