BitMEX Reviews

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.

- 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