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BitMEX to Compensate Users Affected by Unforeseen Auto-Deleveraging After Bitcoin Bullrun

Published 04/04/2019, 07:25 AM
Updated 04/04/2019, 07:42 AM
BitMEX to Compensate Users Affected by Unforeseen Auto-Deleveraging After Bitcoin Bullrun
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ETH/USD
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Cryptocurrency trading platform BitMEX will refund users who lost money during this week’s Bitcoin (BTC) bull run after technical problems affected its contracts, the company confirmed in a press release updated April 3.

BitMEX, which offers various leveraged trading products for Bitcoin and other cryptocurrencies, had automatically closed some clients’ positions as the Bitcoin and Ethereum (ETH) price rose via a process known as auto deleveraging.

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