• Tether deposits are now available on BitMEX

  • Get a Reward for Depositing USDT Before the 10th of November Trading Date

    BitMEX is no longer a solely Bitcoin-based platform. We’re adding Tether now because it’s better late than never.

    We are now accepting Tether (ERC20-USDT) deposits in preparation for the launch of our USDT-margined contracts on November 10th at 04:00 UTC. We will list nine contracts: seven linear perpetual swaps on XBT, ETH, XRP, LTC, BCH, DOGE, and SOL, as well as two linear futures contracts on XBT and ETH.

    When trading begins, all USDT-margined contracts will be available for trading for 30 days (through 9 December). That’s right, there are no fees for anyone.

    To encourage early deposits, the first 8000 users who deposit before the 10th of November and make a trade during the zero-fee period will receive a USDT 50 bonus. To be eligible, you must have a minimum balance of USDT 250 in your account through December 9th.

    We’re also giving away personalised AC Milan/BitMEX kits and limited-edition NFTs to some of our early depositors, users, and referrers. Referrers will also appreciate a new incentive we’re launching specifically for them: a US$1500 payout for reaching USDT 15 million in volume across all of their referrals during the campaign period.

    In conclusion

    BitMEX has recently improved. And this is far from the end of the significant improvements we’re making for our users as part of our Beyond Derivatives strategy. We’re putting our traders at the center of everything we do, and we’re looking forward to making more user-friendly changes in the coming weeks and months.

    Finer Points

    Here are some critical details to remember:

    We’re using Tether, which is issued on the Ethereum network and is also known as ERC20-USDT. Other than USDT, do not send Tether issued on the Tron network (TRC20-USDT) or any other coins such as BSC or ERC20. We won’t be able to get it back. We’ll include reminders on the deposit page, but it’s worth mentioning here as well.

    This means that some contracts on BitMEX will be margined in Bitcoin while others will be margined in USDT. Margining between the two coins is not currently available, but we hear you loud and clear – it will be available in 2022.

    We’re transitioning from a Bitcoin-only insurance fund to one that covers both Bitcoin and Tether. Don’t be alarmed if you see occasional transfers between the two. We still have one of the industry’s largest, if not the largest, insurance funds.

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