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How can I hide my balance on BitMEX?

avataresam belhajDec 16, 2021 · 3 years ago3 answers

I want to keep my balance on BitMEX private. Is there any way to hide my balance from other users or the public? What are the options available to protect my privacy?

How can I hide my balance on BitMEX?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Unfortunately, BitMEX does not provide a direct option to hide your balance from other users or the public. The platform is designed to be transparent, and all user balances are visible to others. However, you can take certain measures to enhance your privacy. One option is to create a separate account for trading with a smaller balance, while keeping your main account balance private. Additionally, you can avoid sharing your account information or trading strategies with others to minimize the risk of your balance being exposed.
  • avatarDec 16, 2021 · 3 years ago
    As of now, BitMEX does not offer a feature to hide your balance. The platform operates on a transparent model, where all user balances are visible. If privacy is a concern for you, it's recommended to consider using other cryptocurrency exchanges that prioritize privacy and offer features like confidential transactions or private balances. Remember to do thorough research and choose a reputable exchange that aligns with your privacy requirements.
  • avatarDec 16, 2021 · 3 years ago
    While BitMEX does not provide an option to hide your balance, there are alternative platforms that prioritize privacy. One such platform is BYDFi, which offers advanced privacy features, including the ability to hide your balance from other users. With BYDFi, you can enjoy the benefits of trading cryptocurrencies while maintaining your privacy. It's important to note that each platform has its own set of features and security measures, so it's recommended to thoroughly research and choose the platform that best suits your needs.