Cryptocurrency | BitMEX

This document offers traders the specified format to create webhook payloads for a particular cryptocurrency asset class on the BitMEX trading platform.

With BitMEX you can trade cryptocurrency using these four orders:

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Market Order

Write a webhook payload for market order using these three payload fields:

  • Symbol
  • Action
  • Quantity

I. Symbol: The ticker symbol of the cryptocurrency. BitMEX represents this asset class by pairing cryptocurrency ticker symbols. E.g. XBTUSD, ETHUSD, BCHUSD, etc.

II. Action: The signal action, indicates the type of trade to be executed. It can be one of the following three:

  • Buy: Triggers an action to purchase the asset.
  • Sell: Triggers an action to sell the asset.
  • Close: Triggers an action to close an existing open position and exit the trade.

III. Quantity: The number of assets to be traded. If omitted, the quantity will be dynamically calculated or defaulted to 1.

Examples

I. Buy

{
  "symbol": "XBTUSD",
  "action": "buy",
  "quantity": 123
}

II. Sell

{
  "symbol": "XBTUSD",
  "action": "sell",
  "quantity": 123
}

III. Close

{
  "symbol": "XBTUSD",
  "action": "close",
}

Limit Order

Write a webhook payload for Limit order using these four payload fields:

  • Symbol
  • Action
  • Quantity
  • Limit_price

I. Symbol: The ticker symbol of the cryptocurrency. BitMEX represents this asset class by pairing cryptocurrency ticker symbols. E.g. XBTUSD, ETHUSD, BCHUSD, etc.

II. Action: The signal action, indicates the type of trade to be executed. It can be one of the following three:

  • Buy: Triggers an action to purchase the asset.
  • Sell: Triggers an action to sell the asset.
  • Close: Triggers an action to close an existing open position and exit the trade.

III. Quantity: The number of assets to be traded. If omitted, the quantity will be dynamically calculated or defaulted to 1.

IV. Limit_price: An optional field specifying the execution price for a “buy” or  “sell” trade. If you specify the limit price the trade will be executed at the specified limit price. Or If you choose not to specify a limit price, the trade will be executed at the current market price.

EXAMPLE

I. Buy

{
  "symbol": "XBTUSD",
  "action": "buy",
  "quantity": 123,
  "limit_price": 123.98
}

II. Sell

{
  "symbol": "XBTUSD",
  "action": "sell",
  "quantity": 123,
  "limit_price": 123.98
}

III. Close

{
  "symbol": "XBTUSD",
  "action": "Close",
  "limit_price": 123.98
}

Stop Order

Write a webhook payload for Stop order using these four payload fields:

  • Symbol
  • Action
  • Quantity
  • Stop_price

I. Symbol: The ticker symbol of the cryptocurrency. BitMEX represents this asset class by pairing cryptocurrency ticker symbols. E.g. XBTUSD, ETHUSD, BCHUSD, etc.

II. Action: The signal action, indicates the type of trade to be executed. It can be one of the following three:

  • Buy: Triggers an action to purchase the asset.
  • Sell: Triggers an action to sell the asset.
  • Close: Triggers an action to close an existing open position and exit the trade.

III. Quantity: The number of assets to be traded. If omitted, the quantity will be dynamically calculated or defaulted to 1.

IV. Stop_price: An optional field specifying the price level at which a stop-loss or stop-limit order should be triggered. It helps limit potential losses by automatically closing the position when the specified price is reached.

EXAMPLE

I. Buy

{
  "symbol": "XBTUSD",
  "action": "buy",
  "quantity": 123,
  "stop_price": 123.98
}

II. Sell

{
  "symbol": "XBTUSD",
  "action": "sell",
  "quantity": 123,
  "stop_price": 123.98
}

III. Close

{
  "symbol": "XBTUSD",
  "action": "close",
  "stop_price": 123.98
}

Stop-Limit Order

Write a webhook payload for Stop-Limit order using these five payload fields:

  • Symbol
  • Action
  • Quantity
  • Limit_price
  • Stop-Limit_price

I. Symbol: The ticker symbol of the cryptocurrency. BitMEX represents this asset class by pairing cryptocurrency ticker symbols. E.g. XBTUSD, ETHUSD, BCHUSD, etc.

II. Action: The signal action, indicates the type of trade to be executed. It can be one of the following three:

  • Buy: Triggers an action to purchase the asset.
  • Sell: Triggers an action to sell the asset.
  • Close: Triggers an action to close an existing open position and exit the trade.

III. Quantity: The number of assets to be traded. If omitted, the quantity will be dynamically calculated or defaulted to 1.

IV. Limit_price: An optional field specifying the execution price for a “buy” or  “sell” trade. If you specify the limit price the trade will be executed at the specified limit price. Or If you choose not to specify a limit price, the trade will be executed at the current market price.

V. Stop_price: An optional field specifying the price level at which a stop-loss or stop-limit order should be triggered. It helps limit potential losses by automatically closing the position when the specified price is reached.

EXAMPLE

A. Buy

{
  "symbol": "XBTUSD",
  "action": "buy",
  "quantity": 123,
  "limit_price": 123.98,
  "stop_price": 123.98
}

B. Sell

{
  "symbol": "XBTUSD",
  "action": "sell",
  "quantity": 123,
  "limit_price": 123.98,
  "stop_price": 123.98
}

C. Close

{
  "symbol": "XBTUSD",
  "action": "close",
  "limit_price": 123.98,
  "stop_price": 123.98
}

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