Is BitMEX a scam?
Asked about BitMEX (BMEX), market cap rank #1334.
Short answer
BitMEX (BMEX) has been scored on isthiscoinascam.com and has a low score, indicating elevated scam risk based on the available data.
Source: isthiscoinascam.com · Updated 2026-06-07
Red flags raised
- Team is anonymous
- Blacklist present
- Contract owner is hidden
- Trading volume is near zero
- A single wallet holds over 10% of supply
- Top 10 wallets hold more than 50% of supply
- Top 10 wallets hold more than 70% of supply
- Transfers can be paused by the owner
- Less than 50% of supply is circulating
- Very low on-chain liquidity
Team transparency
The BitMEX team is anonymous — public identities are not on record.
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