BitMEX adds 21 more fiat currencies for crypto account funding

Rick Steves

“Now, our users will be able to access a wider range of cryptocurrency purchase and conversion options. In the coming weeks, our users will be able to use fiat to buy a wider range of cryptocurrencies, so stay tuned.”

Crypto payments provider Mercuryo has integrated with cryptocurrency derivatives exchange BitMEX to enable faster and more secure fiat-to-crypto purchases for users.

BitMEX users will now be able to purchase cryptocurrency with 21 more fiat currencies, including AED, ARS, QAR, THB, UAH, and ZAR, as the digital asset space opens up further to the emerging economies.

Mercuryo and BitMEX are currently running a 0% fee for all users buying cryptocurrency on BitMEX and paying via Mercuryo. The campaign runs until 14th April 2022 at 07:59am UTC.

Aligning fiat and crypto infrastructure

Petr Kozyakov, Chief Executive Officer of Mercuryo, said: “We’re delighted to be partnering with BitMEX. This partnership represents another milestone moment, in our mission to align fiat and crypto infrastructure for a seamless and enjoyable user experience.”

Alexander Höptner, Chief Executive Officer of BitMEX, said: “We’re always looking for new ways to enhance the accessibility of our platform at BitMEX, which is why we partnered with Mercuryo. Now, our users will be able to access a wider range of cryptocurrency purchase and conversion options. In the coming weeks, our users will be able to use fiat to buy a wider range of cryptocurrencies, so stay tuned.”

Mercuryo empowers BitMEX users to buy crypto with a range of payment options, including Visa and Mastercard credit and debit cards, Apple Pay, and Google Pay. Holdings will be credited directly to the user’s wallet immediately after payment.

The crypto payments provider already caters to leading firms within the digital asset space, including 1inch, Trezor, and Trust Wallet, and has recently raised $7.5 million in a series A round of funding with global Investors Target A.

BitMEX continues to build its infrastructure and strike new partnership in order to secure its place as a leading digital asset trading platform. The firm has recently welcomed Avelacom, which has pioneered low latency access solutions to crypto exchanges via its proprietary fiber network, to its Partner Programme to provide access to real-time market data and order execution.

The initiative provides traders with an advanced crypto derivatives trading experience. Avelacom has built low latency connections between BitMEX and other global markets. These facilitate arbitrage trades and help attract more trading firms to join cryptocurrency markets.

BitMEX utilizes data infrastructure from Amazon Web Services, located in Ireland. Avelacom’s operated routes across multiple global locations as well as direct connections with the AWS and Alibaba clouds.

Read this next

Retail FX

Belgium regulator blacklists FXP360, Appex Finance, and Wise-Markets

Belgium’s financial watchdog, the Financial Services and Markets Authority ‎‎(FSMA), has issued a warning against the unauthorized activities of multiple ‎ platforms that are offering investments in the country without ‎complying with Belgian financial legislation.‎

Digital Assets

MicroStrategy piles on Bitcoin, acquiring 0.90% of circulating supply

MicroStrategy, the world’s largest Bitcoin corporate holder, has further increased its holdings of the primary cryptocurrency. According to a recent filing, the company acquired an additional 16,130 bitcoins between November 1 and November 29, spending $593.3 million at an average price of $36,785 per bitcoin.

Digital Assets

Paxos gets nod to issue dollar-backed stablecoins in UAE

Stablecoin issuer Paxos has received preliminary approval from Abu Dhabi’s Financial Services Regulatory Authority to issue U.S. dollar-backed virtual currencies and provide crypto-brokerage and custody services.

Digital Assets

Flare Labs Begins Testing FAssets on Coston Testnet Paving Way for Non-Smart Contracts to Flare

Flare Labs has introduced FAssets on the Coston testnet, enabling the integration of non-smart contract tokens like BTC, XRP, and DOGE into the DeFi ecosystem.

Digital Assets

Philippine bars access to Binance, citing unregistered operations

The Philippines’ Securities and Exchange Commission (SEC) is moving to block access to Binance due to regulatory concerns, citing the platform’s operation without proper registration and authorization in the country.

Digital Assets

FTX cleared to sell investments in Grayscale and Bitwise funds

Bankrupt cryptocurrency exchange FTX has received approval from the bankruptcy court to start selling its stakes in digital trusts managed by Grayscale Investments.

Digital Assets

Nexo launches Dual Investment for yield earning and price prediction

“Dual Investment revolutionizes how users engage with BTC and ETH, offering a flexible, intuitive, yet sophisticated platform for predicting asset price movements, all while securing high yields.”


Aquis Stock Exchange goes live with cloud-based matching engine powered by AWS

“By running on AWS, the Aquis Stock Exchange is driving transformation across the capital markets industry while continuing to enhance the scalability, functionality and innovation that will benefit its members and stakeholders in an environment where security and resiliency are our highest priority.”


Options Technology certified as Microsoft Azure partner for Digital & App Innovation

“Securing our fifth Microsoft Solutions Partner status in less than 12 months is a testament to our commitment to innovation, excellence, and the highest industry standards. We are not only keeping pace with the evolving landscape of cloud technology but leading the way in shaping its future.”