{"id":6239,"date":"2021-01-05T15:08:14","date_gmt":"2021-01-05T15:08:14","guid":{"rendered":"http:\/\/algotrading101.com\/learn\/?p=6239"},"modified":"2023-04-03T21:12:45","modified_gmt":"2023-04-03T21:12:45","slug":"bitmex-api-introduction-guide","status":"publish","type":"post","link":"https:\/\/algotrading101.com\/learn\/bitmex-api-introduction-guide\/","title":{"rendered":"BitMex API Introduction Guide"},"content":{"rendered":"
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\"BitMex<\/figure>\n\n\n\n

Table of contents:<\/h3>\n\n\n\n
  1. What is the BitMex API?<\/a><\/li>
  2. What is BitMex?<\/a><\/li>
  3. What Crypto Derivatives are available on BitMex?<\/a><\/li>
  4. What are the trading fees on BitMex?<\/a><\/li>
  5. Why should I use the BitMex API?<\/a><\/li>
  6. Why shouldn\u2019t I use the BitMex API?<\/a><\/li>
  7. Is BitMex Available in my Country?<\/a><\/li>
  8. What are the alternatives to using the BitMex API?<\/a><\/li>
  9. What are the available libraries for the BitMex API?<\/a><\/li>
  10. What is the BitMex Testnet?<\/a><\/li>
  11. How to get started with the BitMex API?<\/a><\/li>
  12. How do I execute a Market order with the BitMex API?<\/a><\/li>
  13. How to change your leverage with the BitMex API?<\/a><\/li>
  14. How to get a quote with the BitMex API?<\/a><\/li>
  15. How to check open positions with the BitMex API?<\/a><\/li>
  16. How to get past-minute data with the BitMex API?<\/a><\/li>
  17. How to execute a trade on ETH when BTC hits a certain price with the BitMex API?<\/a><\/li>
  18. How to execute an ETH trade when BTC moves 5% in the last 5 minutes with the BitMex API?<\/a><\/li>
  19. Are there any controversies concerning BitMex?<\/a><\/li>
  20. Download Code Used<\/a><\/li><\/ol>\n\n\n\n\n\n\n\n

    What is the BitMex API?<\/h2>\n\n\n\n

    BitMex API is a method for us to trade cryptocurrencies on BitMex automatically via code.<\/p>\n\n\n\n

    Link: https:\/\/www.bitmex.com<\/a><\/p>\n\n\n\n\n\n\n\n

    What is BitMex?<\/h2>\n\n\n\n

    The Bitcoin Mercantile Exchange (BitMex) is a trading platform that allows users to trade cryptocurrency derivative trading.<\/p>\n\n\n\n

    With BitMex, traders trade contracts that can be more volatile than those of traditional trading. Their platform is primarily built around trading cryptocurrencies through derivative trading or more specialized approaches like margin trading.<\/p>\n\n\n\n

    The volatility of BitMex is a double-edged sword which means that we can either generate mass profits with a small deposit, or lose much income in a quick manner.<\/p>\n\n\n\n

    As of lately, BitMex has updated its policy and requires the customer to follow the KYC regulation.<\/p>\n\n\n\n

    All currencies deposited on BitMex must be in Bitcoin, as the platform is specialized around it. When we deposit our Bitcoin, we can settle for contracts on various other currencies with it. <\/p>\n\n\n\n

    Have in mind that BitMEX only<\/strong> handles Bitcoin<\/strong>. All profit and loss are in Bitcoin, even if you\u2019re buying and selling altcoin contracts. BitMEX does not handle fiat currency.<\/p>\n\n\n\n

    The notable coins are the following:<\/p>\n\n\n\n