As digital asset adoption grows, the need for accessible on-and-off ramps has become paramount. In addition to purchasing digital assets like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), users can instantly sell their cryptocurrency to receive fiat currencies directly into their bank accounts or payment cards, via Banxa's regulated network.

The partnership reinforces BitMEX's commitment to remove existing friction in trading strategies by offering a wider array of local payment methods and fiat support. Key features include:

* Broad Currency Support: Support for 30+ cryptocurrencies including BTC, ETH, and SOL, and 35+ fiat currencies including USD, EUR, GBP, and AUD.

* Bidirectional Conversion: Users can buy and sell crypto instantly for immediate access to their funds.

* Global Payment Flexibility: Support for Visa, Mastercard, Apple Pay, Google Pay, and local bank transfers (including PayPal, SEPA, and Faster Payments).

* Frictionless User Experience: Verified BitMEX users can access Banxa's fiat-to-crypto gateway without additional verification, accelerating the trading process.

"Our goal at BitMEX is to provide a professional-grade trading environment that is as accessible as it is powerful," said Raphael Polansky, Chief Growth Officer at BitMEX. "By partnering with Banxa to expand our on and off-ramp offerings, we are providing our users with more ways to close the crypto loop. Traders can now fund their accounts, execute their strategies, and realise their profits all within the BitMEX ecosystem using the payment methods they trust most."

"Infrastructure is a genuine business advantage. With BitMEX, we're delivering more than a reliable and compliant fiat to crypto ramp -- we're creating a growth engine that helps bring liquidity into the platform, supports user acquisition, and enables them to confidently scale." said Shaun Heng, Chief Product & Growth Officer at Banxa.

Users who purchase crypto on BitMEX using Banxa and other fiat providers can receive up to $110 in rewards. Those who use credit/debit card, Apple Pay, or Google Pay to purchase crypto with Banxa are also eligible for 0 fees from 4 June to 4 July. More information on the integration can be found here.***