BitMEX Introduces Guilds: A New Concept in Social Trading for Professional Traders
BitMEX, the world’s leading crypto derivatives exchange, has launched a new feature called Guilds, which offers professional traders the opportunity to engage with fellow traders and trade competitively as a collective. Here are the key points:
– Guilds is a dedicated space where users can form a Guild with other users to exchange ideas, insights, and trading strategies.
– The objective of a Guild is to outperform other Guilds and claim a top three position on the Guilds Leaderboard to win a share in the Guild Pot, a weekly prize pool.
– Each Guild is led by a leader who is responsible for customizing and defining its identity.
– Other users can join the Guild and engage with each other in a private chat room integrated into the trading UI.
– Guilds is currently in beta testing and is accessible to all BitMEX users.
BitMEX CEO Stephan Lutz believes that Guilds will drive collaboration and help traders unlock their full potential by learning from their cohort. The beta launch has already attracted over 230 beta testers, and traders have earned nearly $330,000 in PnL.
BitMEX continues to strive in providing a comprehensive ecosystem that caters to the diverse trading needs of its users. Any verified BitMEX user can be a Guild member by starting a Guild or joining an existing one. Guild leaders must have at least 10,000 BMEX staked and have the authority to manage participants and the distribution of the Guild Pot.
BitMEX’s latest offering demonstrates their commitment to supporting traders and their confidence in the direction of their product development. The exchange aims to provide a secure and profitable trading experience for professional traders.
For more information, please visit the BitMEX website or contact [email protected].
Hot Take:
BitMEX’s introduction of Guilds is a significant step towards fostering collaboration and empowering professional traders. The beta launch’s success and the positive feedback from traders highlight the value of social trading in the crypto industry. As the community continues to test Guilds, BitMEX is poised to provide an advanced social trading experience that meets the diverse needs of its users.
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