I dont get it. Teach me please.
I had 1 btc.
I transfered that 1 btc to bitmex.
I have 1 XBT now
I can use 1 XBT to buy contracs of XBTUSD
Isnt that like buying USD since I allready have XBT?
I dont get it. Teach me please
Adrian Brown
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Nicholas Edwards
t.
Ryan Wood
>3599524▶
>File: 1544990863374.png (6 KB, 211x239)
> (OP)
>t.
Just tell me ffs
Carson Morris
These are bait right?
Liam Sanders
If you sell someone a pizza, is that like buying USD denominated in pizza? Yes.
Landon Howard
No. The idiots have returned. Major sell signal.
Luis Thomas
Can you guys just help me out here please. Just this once be the good guy greg.
Jaxson Green
buy signal*
Isaac Cox
almost had me
Brayden Phillips
can you guys for once be like this guy
Jack Johnson
I already answered you, dingus
Wyatt Bailey
The retards are back bullish frens
Levi Powell
All I know about Bitmex is that if you dont know exactly what you are doing there is a 100% probability you will lose everything. Assuming you arent bait, try convert the XBT back to BTC and go use a normal exchange.
Alexander Bell
You have to bring it down a bit. I dont get it.
Charles Scott
>if you dont know exactly what you are doing
I will learn and I will win.
Nolan Sanchez
Dude, just open a single contract...
this has to be bait tho, like you literally depo a bitcoin but you didn't even click the button to create a contract? It explains it to you there, let alone there's plenty of reading material included in the site.
Gavin Stewart
If you seriously can't make the connection between what I wrote and your question, you really should cool your jets and hold off on the bitmex for a while
Gavin Gray
Anyway, I assume you didn't actually mean exchanging XBTUSD contracts for XBT, but posting your 1 XBT as margin to buy the contracts. You seriously need to get this 100% straight in your head before you do anything
Nathaniel Sanders
XBT is the same as BTC basically. If you want to use 0.1btc to trade, that is about $670. If you want to go long 10x, then you have to put $6700. 100x is $67000. You can see below the boxes, the "order value" or something.
Go mess around in testnet before you lose your bitcoin.
Logan Jones
you won't
Eli Richardson
I will.
Alexander Foster
milkies
Sebastian Bailey
Btc = XBT (just a different ticker)
You're not really buying and selling but opening and closing contracts. You can open 10000 contracts of long XBTUSD perpetuals for example. These contracts have a value of $10000 tied to XBT. If XBT price goes up 10%, you will get $1000 worth of profit in XBT minus fees after closing the contracts. Suppose you have put up $2000 worth of XBT as a margin for these contracts, that's 5x leverage. If price of XBT falls 20% to around $5440 from $6800 it will liquidate you and you will loose your margin.
Liam Anderson
SO playing arund on test net
0.02 btc
when I buy contracts for 0.019 at 100x, it doesnt let me buy
Order could not be submitted: Executing at order price would lead to immediate liquidation
Ethan Ward
get the sell price right and you're ready to go
Ethan Thomas
Testnet must have a big difference between market price and trigger price. Testnet is good only to get acquainted with interface. To learn opening/closing contracts just do small amounts on mainnet.
Gabriel Robinson
Your answer is retarded, a little too retarded. Tone it up a bit