BitMEX adds Crypto conversion support for NEAR, AVAX & BNB

BitMEX recently announced extending its crypto conversion support to NEAR, AVAX, and BNB. However, this extended support system allows users to convert USD Coin into every token and coin available on BitMEX.Similarly, users can also convert the ERC-20 USD Coins into all the tokens and coins. Besides the tokens, the platform has also included networks like NEAR Protocol, Avalanche, and Binance Smart Chain.

Given the popularity of the chains, crypto enthusiasts were eager to learn more about BitMEX. Many looked for an extensive BitMEX exchange review that explains its features and operations. Additionally, this extension results in the support towards the Binance Support Chain (BSC), Near Protocol Chains (NEAR), and Avalanche (AVAX)

With the latest addition, BitMEX users can now convert USDT and USDC into 25+ crypto and vice versa. The platform does not charge any hidden fees for the transactions, while the finality time is instant.

In addition, the BitMEX wallet feature allows users to deposit and withdraw NEAR, AVAX, and BNB. The currencies available for these transactions are SHIB, MANA, WBTC, FTT, SAND, XBT, CRO, UNI, ETH, AXS, SUSHI, MATIC, LINK, TRX, APE, USDT, SOL, AAVE, DAI, FTM, USDC, and BUSD.

The minimum amount set for these transactions is 0.3 NEAR, 0.04 BNB, and 0.07 AVAX. BitMEX has promised users to add more crypto to the platform in the next few weeks. Moreover, the platform is also planning on opening a crypto derivative. Thus, users should keep a close eye on its official website and social media handles.

Roxanne Williams

Roxanne Williams has recently joined as a market reporter for CryptoNewsZ - the 24/7 crypto news site, where she produces recent stories, technical analysis and price updates on world's leading cryptocurrencies.

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