Slow Motion Car Crash - Anonymous employee BitMEX Employee Review

1.0
12 Mar 2022
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

- company has a strong balance sheet so can slowly die over a long period of time - you probably won’t get fired even if you don’t do your job properly (though seemingly random firings do happen from time to time) - health care is good - office is nice, with pool table, bar, stocked kitchen all free to use - it’s interesting to see a once #1 company fall away to nothing - there are some smart colleagues mostly at the lower levels of the company

Cons

- basically no one in a senior or middle level management position actually trades crypto or knows anything about it - they’re all from the banking world and think that you can just mindlessly copy over the banking mentality when crypto is completely different (other crypto exchanges actually avoid hiring bankers at all costs for this reason) - the company is being slowly destroyed by bad management - bad management doubles down on bad hires and decisions rather than owning up to mistakes (but honestly maybe they don’t even realise they are going wrong half the time) - nepotism (friends hiring friends) and lack of diversity in management (hardly any women or non-whites) - no long term incentives apart from some half baked exchange token - the whole point of working in crypto is to get seriously rich and that’s not going to happen here, you will just get paid a good salary to watch stupid long winded PowerPoints about nothing and slowly lose your mind

Explore other reviews about BitMEX

5.0
4 June 2025
Recommend
CEO approval
Business outlook

Pros

great team and managers, respond quickly to any inquiry and are responsive

Cons

no cons, team is great and company values employees

4.0
6 May 2024
Recommend
CEO approval
Business outlook

Pros

- Good team - Valuable tech

Cons

- leadership - company shut shop in SF

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