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.

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