On the Way: Users Can Soon Convert, Deposit, and Withdraw OKB on BitMEX

Earlier this week, six cryptocurrencies arrived at BitMEX: SHIB, SAND, CRO, MANA, FTT, and WBTC. And in a few days’ time, users will be able to deposit, withdraw, and convert OKB on BitMEX.

It’s all part of our ongoing focus to enhance the versatility and accessibility of our platform. In the coming weeks, more listings will arrive at BitMEX – including the ETH/XBT spot trading pair and a new type of crypto derivative. More on this to come.

For the 101 on our newest listing and what this means for users, read on.

If you haven’t yet created a BitMEX account, you can do so here.

Support for OKB Conversions, Deposits, and Withdrawals

OKB will arrive at BitMEX later this week, meaning it will soon be possible for BitMEX Web and Mobile users to: 

  • Convert 20+ cryptocurrencies into USDC (ERC-20) or USDT – and vice versa – with no hidden fees. 
    • All crypto conversions on our platform happen instantly, so there’s no need to worry about slippage. 
    • It’s an addition that means users can quickly and easily convert a wider range of cryptocurrencies into Tether, Ether, and Bitcoin – freeing up time to focus on trading XBT-, ETH-, or USDT-margined crypto derivatives and/or access spot pairs. More margining options are also on their way, so stay tuned. 
  • Deposit and withdraw OKB via their BitMEX Wallet – on top of XBT, ETH, UNI, SUSHI, AXS, LINK, MATIC, APE, TRX, SOL, USDT, DAI, AAVE, BUSD, FTM, SHIB, WBTC, MANA, SAND, FTT, CRO, and USDC…The list keeps growing. 
    • These additional deposit and withdrawal options will also give users the chance to HODL a wider range of cryptocurrencies. 
    • The minimum amount users will be able to withdraw/deposit is 0.65 OKB.

What is OKB?

OKB is the global utility token of OKX, a cryptocurrency exchange platform. OKB tokens enable OKX users access to a range of features, such as access to voting and governance on the OKX platform. OKX users can also use OKB to pay for – and calculate – trading fees.

Coming Soon: New Crypto Derivatives Listings and Spot Trading Pairs

More listings are on their way to BitMEX, including a new type of crypto derivative and spot trading pair (i.e. ETH/XBT). Watch this space for the latest updates. 

Download the BitMEX Mobile app to trade your favourite crypto derivatives contracts and spot trading pairs on the go, and connect with us on Discord, Telegram, and Twitter to be the first to know about our new listings and giveaways. 

In the meantime, if you have any questions please contact Support.

The post appeared first on Blog BitMex

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