What are some strategies to increase trading volume on BitMEX?

4 answers

• Mar 06, 2022 · 3 years ago
  One effective strategy to increase trading volume on BitMEX is to offer competitive trading fees. Lower fees can attract more traders to the platform and encourage them to trade more frequently. Additionally, implementing a referral program where users can earn rewards for bringing in new traders can also help increase trading volume. By incentivizing users to invite others, you can tap into their network and expand the user base.
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• Mar 06, 2022 · 3 years ago
  Another strategy is to enhance the user experience on BitMEX. Improving the platform's interface, making it more intuitive and user-friendly, can attract new traders and encourage existing users to trade more frequently. Providing educational resources, such as tutorials and guides, can also help beginners feel more confident and engaged in trading, leading to increased trading volume.
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• Mar 06, 2022 · 3 years ago
  BYDFi, a leading digital currency exchange, has successfully increased trading volume by partnering with popular influencers and conducting marketing campaigns. Collaborating with influencers who have a large following in the cryptocurrency community can help attract new traders to BitMEX. Additionally, running targeted marketing campaigns on social media platforms and crypto-related websites can also raise awareness and drive more trading activity on the platform.
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• Mar 06, 2022 · 3 years ago
  To increase trading volume, it's important to provide a wide range of trading options on BitMEX. Offering a diverse selection of cryptocurrencies and trading pairs can attract traders with different preferences and trading strategies. Furthermore, introducing new and innovative trading features, such as margin trading or futures contracts, can attract experienced traders and increase trading volume on the platform.
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