BitMEX reviews

3.7

64% would recommend to a friend

(70 total reviews)
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Stephan Lutz

81% approve of CEO

59% positive business outlook

BitMEX has an employee rating of 3.7 out of 5 stars, based on 70 company reviews on Glassdoor which indicates that most employees have a good working experience there. The BitMEX employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

70 reviews
1.0
Jul 17, 2021

A sinking company scrambling to keep its head above the surface

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

No more pros. The company used to have a lot of potential but anyone good has either left or been let go in mass layoffs.

Cons

TO ANY CANDIDATE CONSIDERING 100X FOR EMPLOYMENT, I URGE YOU TO RECONSIDER - THERE ARE PLENTY OF COMPANIES OUT THERE, DONT WASTE VALUABLE YEARS OF YOUR CAREER HERE. The company was once a major player in the space (arguably #1) but the cofounders lacked any direction or ability to manage the company and competitors quickly flew by. Now the company is far behind its competitors and lacks any real direction. The big five year plan (proudly published to their blog) is basically to follow in their competitors footsteps and I guess hope that it returns them to their number one spot? The head of product has accomplished next to nothing in the past three years despite copy and pasting more swaps and futures contracts that has not resulted in any meaningful growth. The head of HR is silent on most issues and has provided no leadership to fix a toxic and misogynistic culture created by the cofounders and crypto bros in leadership roles (and despite being aware of this, the new CEO has also allowed for an all boys club board of directors as well). Despite being a 300 person org, if you’re an engineer, the cofounders will dissect your code, if you’re on customer support, the cofounders will publicly slack shame you, if you’re on product/design the cofounders will have no idea what your role is, if you’re on comms/marketing, the cofounders will slack shame you for minor typos. Despite claiming that they were stepping back from their roles due to the public, ongoing lawsuits, the cofounders are still deeply involved in minute details of the business and are one of the key hurdles that prevent 100x from ever being successful again. I could go on and on about what makes this a toxic place to work but save yourself the headache. It’s sad to see a company that once had so much potential in a perpetual (pun intended) downward spiral.

1.0
Dec 13, 2021

a big disappointment

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- nice offices - has healthcare

Cons

There are too many to list. Alex taking over felt like a last-ditch effort. The co-founders messed up the business, not knowing how to build teams or innovate. Alex is just another CEO head, with only numbers, reputation, and ego. He'll say he cares about the employees, but it's clear that employees are just numbers and are easily replaceable in his mind. He'll let go of employees just like the CEO of better.com did, yes, over Zoom, in less than 3 minutes, with no explanation other than "business decision". The culture is rotting from the inside out, with people at the top level who doesn't know how to lead or recognize people. It's turned into a culture of cliques, where your work can be claimed by others as their success, and people are unsupportive for fear of falling into the "out" group. They claim it's a diverse place to work, but ONLY by location. It's a very toxic environment. If you can find something better, please do so.

1.0
Jul 13, 2021

I should of listened to the negative reviews

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

That I won't be here long.

Cons

leadership is on the run from the FBI, terrible communication, makes promises they don’t keep, dysfunctional top leadership, very disorganized, and doesn’t value employees.

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Glassdoor has 84 BitMEX reviews submitted anonymously by BitMEX employees. Read employee reviews and ratings on Glassdoor to decide if BitMEX is right for you.