• 27 October, 2024
News

BitMEX Integrates with Onramper to Provide Fiat-to-Crypto Gateway Aggregation

BitMEX Integrates with Onramper to Provide Fiat-to-Crypto Gateway Aggregation

BitMEX, a popular crypto trading platform, has announced its integration with Onramper, a fiat-to-crypto gateway aggregator. The integration aims to provide users with a faster, more seamless, and secure way to buy crypto with fiat.

With the partnership, BitMEX now supports a wide range of fiat currencies, payment methods, and cryptocurrencies via a single API. Users can swap from fiat to their cryptocurrency of choice in just a matter of minutes, according to the announcement.

Currently, Onramper supports over 95 fiat and 240 cryptocurrencies, along with 35 local payment methods in more than 190 countries. The platform works alongside nine major onramps, including Moonpay, Wyre, Xanpool, Mercuryo, Coinify, Indacoin, Utorg, Transak, and Itez.

Thijs Maas, CEO and Co-Founder of Onramper, said that seamless, fast, and secure onramp transactions hold the key to growing the crypto ecosystem, and their partnership with BitMEX will serve as a model for the whole ecosystem.

BitMEX has had a transformative year in 2022 as we pivoted our focus back to derivatives trading. As a leading crypto derivatives exchange that has persevered through volatile market cycles, we are constantly looking for new ways to improve the trading experience for our traders.

The partnership with Onramper will help us accomplish a smoother onramp and margin provision as we welcome more exciting platform updates in 2023. added Stephan Lutz, Acting CEO & Group CFO of BitMEX.

BitMEX also hinted at expanding its derivatives portfolio to include more perpetual swaps and futures listings on trending tokens as part m of its efforts to improve the accessibility and compatibility of its platform. Improving the BMEX Token rewards system and providing traders with the fastest and most reliable platform are also priorities.

In other news, BitMEX founder Arthur Hayes has been buying a large amount of BLUR tokens, a new NFT marketplace. The hype around BLUR has caused the Token to rank at 107. Hayes has taken to Twitter to express his enthusiasm, saying “My vision is a bit $BLUR-y” and “$BLUR it’s cold in here, there must be some Degens in the atmosphere!”. 

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