Alvin Lang
March 06, 2025 10:28
Bitmex added Solana (floor) as a collateral option for the multi-active margin, improving flexibility for derivative traders.
Bitmex has announced an important update of its trading platform, allowing Solana (soil) to be used as a guarantee for the multi-active margin. This development, which entered into force on March 4, 2025, is added to the existing list of guarantee options, in particular USDT, USDC, ETH and BTC, according to Bitmex.
Improved commercial flexibility
The inclusion of soil as a collateral option aims to improve the flexibility and efficiency of trading on the Bitmex platform. Traders can now take advantage of their participations to engage in the derivative trade, expanding their strategic options. This decision is aligned with the efforts of Bitmex to diversify assets that can be used for guarantees, providing users with more versatile trading strategies.
Update of the margin of several assets
This update is part of a larger initiative aimed at refining the multi-active Bitmex margin capacities. Since February 25, 2025, users have benefited from a 60% reduction in haircuts, which refers to the decrease in percentage of the value of the warranty which can be used for margin requirements. This reduction is designed to make trading more profitable for Bitmex customers.
About the multi-active margin
The multi-active margin allows traders to use several types of guarantees to meet margin requirements, thus optimizing their capital efficiency. By diversifying the types of assets that can be used as guarantee, traders can better manage risks and improve their portfolio management strategies. Bitmex has provided detailed advice on how to activate and use this functionality effectively.
Industry context
The integration of soil as a collateral option reflects an increasing trend among the exchanges of cryptocurrency to support a wider range of digital assets, meeting the evolutionary needs of traders. While cryptocurrencies like Solana gain ground, platforms like Bitmex adapt to adapt to these assets, thus expanding their attraction and functionality.
Look forward to
With the addition of soil, Bitmex continues to position itself as a competitive player on the derivative market. The commitment of the platform to extend its guarantee options and improve trading conditions highlights its dedication to meet the needs of a diversified and dynamic commercial community.
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