BitMEX Unveils Social Trading for Pro Traders with Guilds

• BitMEX recently launched a dedicated space for traders to actively engage with each other called Guilds.
• Guilds allows traders to exchange ideas, talk about trading strategies, and share insights.
• Each Guild will consist of a leader who will take responsibility for customizing and defining its identity while other customers can join once the feature is established.

What is Guilds?

The Seychelles-based cryptocurrency exchange BitMEX launched a dedicated space where traders can actively engage with each other. The new solution, dubbed Guilds, is currently in beta (testing) phase. All verified BitMEX users with at least 10,000 BMEX staked can become a leader of the guild while each guild can host up to 49 members.

Benefits of Joining Guilds

Guilds allows traders to exchange ideas, talk about trading strategies, and share insights in a private chat room integrated into the trading UI. It also stands as a testament to BitMEX’s commitment to helping their traders thrive on the platform.

Progress Made by Leading Companies

Guilds has attracted more than 230 beta testers since June 29, with traders earning nearly $330,000 in PnL last week. Stephan Lutz – CEO and Group CFO of BitMEX – stated that this progress made by leading companies stands as a testament to their commitment in helping their traders succeed on the platform.

How To Become A Leader?

Any verified BitMEX user with at least 10,000 BMEX staked can become a leader of the guild while each guild can host up to 49 members. The leader will take responsibility for customizing and defining its identity while other customers can join once the feature is established.

Conclusion

BitMEX’s new solution called Guilds provides an opportunity for professional tradesrs to collaborate and discuss trading strategies while allowing them to earn money from it as well. It also stands as proof of the company’s commitment towards helping their users succeed on their platform