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BitMEX Under Investigation. Will Bakkt Replace It?

Blockchain

BitMEX is a firm that is playing a crucial role in the cryptocurrency market by providing a highly volatile price market some opportunity for stability in the realm of futures trading.

The serious price volatility of the industry poses serious risks for investors, but for those with experience and confidence, this volatility can be exploited to make substantial gains. They use platforms such as BitMEX to take advantage of their skill.

BitMEX was a leading company in the sector of futures trading but is coming under the wrong kind of spotlight as its under investigation by the American Commodity and Futures Commission.

Many believe that this will be a serious blow for the firm, causing it to lose a large amount of market share.

Bakkt, a highly anticipated firm in this field, and which launched recently, may take up the mantle from BitMEX.

 

Disclaimer - OBN is an informational website which aims to give the latest blockchain related news to the readers. Articles on OBN should not be considered as investment advice. Trading cryptocurrencies is a high-risk investment, every user is advised to consult an expert before making any decisions.