BitMEX is a trading platform that offers investors access to the global financial markets using Bitcoin and financial derivatives.
BitMEX is built by finance professionals with over 40 years of combined experience. BitMEX offers a comprehensive API and supporting tools.
BitMEX offers both XBT and XBU futures on the Bitcoin price.
In short, XBU futures are built for hedging and have a settlement guarantee. XBT futures offer higher leverage and lower fees and are built for speculation.
In more technical terms, XBU futures are inverse futures and have linear USD payoffs, and XBT futures are quanto and have linear Bitcoin payoffs.
You will receive a 10% fee discount for the first six months.