BNB, AVAX, and NEAR on bitmex

BitMEX recently expanded the cryptocurrency exchange options on BitMEX — enabling users to exchange USDC (ERC-20) for all coins and tokens BitMEX supports — and vice versa.

Starting tomorrow, BitMEX will be adding support for three more cryptocurrencies — BNB, AVAX, and NEAR, with more planned in the coming weeks. This is an increase and also means that BitMEX will soon expand the number of networks supported by BitMEX, including Binance Smart Chain (BSC), Avalanche (AVAX) and NEAR Protocol (NEAR) chains.

To learn more about these new tokens and the additional support they will provide for BitMEX’s cryptocurrency exchange, keep reading.

Go to BitMEX’s Official Website

Support BNB, AVAX and NEAR exchange, withdrawal and deposit

Tomorrow, BitMEX will be adding support for three new cryptocurrencies. BNB, AVAX, and NEAR. This means that users of BitMEX will soon be able to:

Exchange USDC and USDT to 25+ cryptocurrencies – and vice versa – without any hidden fees. All cryptocurrency exchanges on BitMEX’s platform happen instantly, so there is no need to worry about slippage.

This new addition means users can quickly and easily exchange more cryptocurrencies for Tether, Ethereum or Bitcoin, freeing up time to focus on trading XBT-, ETH or USDT margined cryptocurrency derivatives and Access spot trading pairs.

Deposit and withdraw BNB, AVAX and NEAR from your BitMEX wallet, joining an ever-expanding list including: SHIB, WBTC, MANA, SAND, FTT, CRO, XBT, ETH, UNI, SUSHI, AXS, LINK, MATIC, APE, TRX, SOL, USDT, DAI, AAVE, BUSD, FTM, and USDC.

These additional deposit and withdrawal options will give users the opportunity to hold more coins and tokens over the long term.

The minimum amount a user can withdraw/deposit is 0.04 BNB, 0.07 AVAX and 0.3 NEAR.

What is BNB?
BNB is the exchange utility token of the Binance cryptocurrency exchange. Originally it was launched on the Ethereum blockchain, however it was later migrated to the Binance Smart Chain (BSC Chain).
What is AVAX?
AVAX is the native token of the Avalanche network. It is an underlying network on which software developers can build decentralized applications (dapps), smart contracts and custom blockchains.
What is NEAR?
NEAR is the native coin of the Near protocol, a smart contract blockchain created to compete with Ethereum. It is considered cheaper, faster, and scalable, in part because of a consensus protocol called Doomslug and a shard called Nightshade.

More cryptocurrencies will arrive on BitMEX’s platform in the coming weeks. A new type of cryptocurrency derivative is also on the way…stay tuned.

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