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BitMEX Spot Exchange hits $24m 24-hour trade volume, a 100% daily increase

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BitMEX Spot, BitMEX’s new trading platform to buy and sell crypto, reached $24 million 24-hour trade volume on 25 May – the highest after going live 10 days ago.

The total represented a daily increase over the previous day of approximately 100%.

BitMEX’s daily signup and first time deposits have also jumped five times since BitMEX Spot’s official rollout on 17 May, with the Average Daily Value (ADV) reaching over three million traded in the first week. The progress marks a momentous and encouraging step for the company in its aim to continue to offer users an expanding crypto ecosystem that supports their trading strategies  whether that is spot, derivatives, or interest-bearing products.

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