BitMEX Launching Services for Corporate Customers

BitMEX Launching Services for Corporate Customers Crypto derivatives large BitMEX announced it might be launching company services for customers at the trade.

Hong Kong-based totally cryptocurrency derivatives exchange BitMEX is launching a new program with advantages for its corporate customers such as enhanced security providers, and accounting. According to a June 22 announcement on BitMEX’s support page, the trade is launching a new application for corporate clients, BitMEX Corporate. Accounts on the crypto change that aren't owned and operated by means of an individual can now make sure their BitMEX holdings are the legal property of a corporation.

BitMEX stated the new capabilities have been created for customers who need “special ownership systems for their accounts”, the method for their personnel to get admission to and control accounts, and security requirements. However, the declaration also stated that options like multi-person login and instant transfers between accounts might be available later in 2020.

Still mired in controversy.

Though BitMEX remains one of the largest derivatives exchanges within the world, many individuals of the crypto community had been saying they're losing self-belief in it. Cointelegraph suggested in March that after the exchange went offline for almost 25 minutes at some point of the crypto bloodbath, many users were now not swayed by BitMEX’s clarification of “hardware trouble with its cloud service provider.” 

In addition, the derivatives massive is going through a new lawsuit in which its executives are accused of racketeering, money laundering, twine fraud, and unlicensed cash transmissions. Crypto Twitter users had been brief to reply to the legit statement from BitMEX with some skepticism.