BitMEX expands Multi Asset Margining with lower haircuts and SOL collateral
BitMEX, one of the pioneers in crypto derivatives trading, has introduced significant improvements to its Multi Asset Margining feature, further optimizing capital efficiency for traders.
The latest update includes:
- A 60% reduction in haircuts for margin trading, making BitMEX one of the most capital-efficient platforms in the industry.
- The addition of Solana (SOL) as a margin currency, allowing traders to use SOL as collateral for any derivatives contract on the platform.
This move follows the successful January launch of Multi Asset Margining, a feature designed to offer greater flexibility and capital efficiency when trading crypto derivatives.
A More Flexible and Efficient Trading Experience
With Multi Asset Margining, BitMEX users can now hold and trade derivatives with a wider range of supported assets, which now include:
- USDT (Tether)
- USDC (USD Coin)
- BTC (Bitcoin)
- ETH (Ethereum)
- SOL (Solana)
BitMEX CEO Stephan Lutz emphasized the company’s focus on improving user experience:
“At BitMEX, we are committed to constantly improving our platform to enhance the trading experience for our users. Building on the launch of Multi Asset Margining earlier this year, we’re taking it a step further by significantly reducing haircuts and expanding our collateral options with SOL. This update is part of our ongoing efforts to provide greater capital efficiency and flexibility, empowering traders with more optimized trading solutions.”
Lower Haircuts, More Trading Power
BitMEX’s 60% reduction in haircuts means users retain more collateral value, allowing them to:
- Increase position sizes
- Improve leverage efficiency
- Minimize capital constraints while trading
Unlike many exchanges that require manual fund transfers between wallets, BitMEX streamlines the process, enabling users to deposit their preferred currency and begin trading instantly.
The Multi Asset Margining system automatically allocates funds across positions, optimizing capital allocation to meet margin requirements efficiently.
How to Enable Multi Asset Margining on BitMEX
Traders looking to activate Multi Asset Margining can do so by:
- Navigating to the order form on the BitMEX trading page.
- Switching their margin mode to ‘Multi Asset Margining’.
For more detailed instructions, visit BitMEX’s official guide.
A Stronger Future for Crypto Derivatives Trading
With the integration of SOL as collateral, reduced haircuts, and automatic margin allocation, BitMEX continues to position itself as a leader in crypto derivatives trading.
For more information on BitMEX’s Multi Asset Margining update, visit BitMEX’s official announcement page.
