News

DMEX Opens Public API Access

PRESS RELEASE. DMEX, the leading decentralized derivatives exchange is officially announcing its public API launch for its users.

DMEX, the decentralized BitMEX alternative, is opening its API for public use. Now traders can connect to the exchange and execute trades using their own interfaces or trading bots, bringing DMEX closer and closer to fully replacing centralized derivatives exchanges.

Given the latest crackdown on centralized derivatives trading exchanges like BitMEX and OKEx, decentralized alternatives are becoming the go-to option for traders to bet on the price of crypto assets while still remaining anonymous and not having to go through KYC checks.

Besides anonymity, DMEX lets users retain full custody of their funds while trading, accepts ETH, BTC and DAI as margin currencies and offers perpetual contracts with up to 100x leverage. Funds are stored on a smart contract and are never in possession of the DMEX staff.

DMEX is a truly unique DEX due to its lightning-fast trade execution times, high liquidity, and razor-thin spreads. For new users and practicing traders, DMEX offers a DEMO version of itself, running on the testnet where users get 100 Test-ETH to practice trading and test the features of the exchange.

 


This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Tags in this story
API, Bitcoin, contracts, Cryptocurrency, decentralized exchange, derivatives, DEX, DMEX, Futures, Leverage Trading

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Read disclaimer