Step 2: Click on Register. You will be directed the registration page. Enter your email, preferred password, country of residence, first & last name. *Don’t forget to click “I accept the Terms of Service”*
** The sign up process may look slightly different depending on the country**
Step 3: Go to your email to verify your email address by clicking the (VERIFY MY EMAIL) button.
Step 4: Click the Account tab on the menu bar at the top of page and then click the Deposit tab. You will be directed to the deposit page, there you will have your BTC deposit address so you can deposit funds into your BitMex XBT (BTC) wallet.
** Make sure you are only sending BTC to that BTC address. Any other cryptocurrency sent to this address will be lost. **
Step 5: Log into Binance or where ever you are holding your cryptocurrency and input the deposit address to send as much of the currency of your choice to Bitmex. From Binance you may click Funds and Withdrawals. Then choose which currency you would like to send to Bitmex, since Bitmex only accepts BTC at the moment, that is what I will send.
IMPORTANT: (Each Cryptocurrency must be sent to the same type of cryptocurrency deposit address. Example: Bitcoin must be sent to a bitcoin deposit address and Ether must be sent to an Ether deposit address. MAKE SURE THE ADDRESS IS CORRECT OR ELSE YOUR FUNDS MAY BE LOST UPON SENDING!!)
Step 6: Choose order type, leverage, quantity of contracts, and either buy long or sell short. *In this example, I have set up a sell market order at 2x leverage with the Bitcoin (XBT) contract.*
** Higher the leverage, the closer the liquidation price will be to your purchase price, meanings less room for price movement before liquidation. Refer to examples above.**
Step 7: Congratulations! You have purchased a Bitcoin (XTB) futures contract. Details of your order will be at the bottom of page under the “Positions” section.