You Can Now Trade TRON and More on BitMEX

TRON coin has arrived on the BitMEX platform.

The launch of support for TRC-20 means that users can now also buy, exchange, deposit, withdraw and trade TRON.

Here ‘s an in-depth look at what you can do the next time you log into BitMEX mobile or web.

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Trading Tron on BitMEX

In addition to XBT/USDT, ETH/USDT, APE/USDT, UNI/USDT, MATIC/USDT, LINK/USDT, and AXS/USDT, the TRX/USDT spot trading pair is now live and can be traded on BitMEX Spot.

To trade TRON, simply select the TRX trading pair in the “Spot Trading Pairs” section of the spot trading interface. You can then submit a limit or market order on the selected spot pair:

Limit Order

This order type allows users to prepare spot trades in advance. Floor limit orders allow traders to set their own prices to buy or sell cryptocurrencies. If the market reaches the limit price, the trader’s order will be executed.

For example:
If the current market price of 1 TRX is 0.06 USDT, and you want to buy 100 TRX when the price drops to 0.05 USDT, you can submit a limit order.
Instruction:
Select ‘Limit Price’, enter 0.05 in the ‘Price’ column, and enter 100 in the ‘Quantity’ column. Click the “Buy TRX” button to submit a limit order.

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Market order

A market order is an order that is executed immediately at the current market price. Traders use this order type when they want to complete their orders as quickly as possible. Traders who create market orders do not need to enter a price.

For example:
If the price of 1 TRX is 0.065 USDT, and you want to buy 100 TRX immediately, you can place a market order.
Instructions:
Select “Market”, enter 100 in the “Quantity” column, check the approximate USDT amount displayed in the “Order Value” column, and then click “Buy TRX” to place a market order.

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Buying TRON on BitMEX

You can now buy TRON in minutes, in addition to XBT, USDT ERC-20, USDT TRC-20, ETH, APE, MATIC, LINK and more… the list goes on and on.

To buy TRON or any other cryptocurrency on BitMEX, simply choose from 36 fiat currency options, enter the amount you want to buy, and select the coin or token you want to buy.

Next, select your preferred payment provider – BANXA or Mercuryo – and follow the instructions set by the chosen fiat gateway partner.

Note: Currently supported fiat currencies include: AED, ARS, AUD, BRL, CAD, CHF, CZK, DKK, EUR, GBP, GHS, HKD, IDR, INR, JPY, KES, MXN, MYR, NGN, NOK, NZD , PHP, PLN, QAR, SAR, SEK, SGD, THB, TRY, TWD, TZS, UAH, UGX, USD, VND, and ZAR.

Buy TRON on BitMEX

Exchanging TRON on BitMEX

You can now exchange USDT to TRX and vice versa without any hidden fees. You don’t have to worry about slippage as all cryptocurrency exchange transactions on the platform happen instantly and at the exchange price displayed.

To exchange cryptocurrency on BitMEX, simply select the cryptocurrency you want to convert, the cryptocurrency you want to receive, and enter the amount you want to exchange or receive. Check the exchange rate quoted on the screen and click “Confirm” if you are satisfied. Once the exchange has been successfully performed, the cryptocurrency you exchanged will appear in your wallet and be available for immediate use.

Exchange TRON on BitMEX

Deposit and Withdrawal of TRON (TRX)

To start depositing or withdrawing TRON, simply go to your wallet , click the “Deposit” or “Withdraw” button, and select TRON.

Note: The minimum amount you can withdraw/deposit is 1 TRON.

Deposit TRON on BitMEX

Support for more coins, tokens and USDT networks

More coins and tokens – including SOL – will arrive on BitMEX in the coming weeks.

BitMEX will also be adding support for USDT on the Solana network, which will arrive in two weeks. More relevant information will be announced later.

Download BitMEX Mobile and trade your favorite cryptocurrency derivatives contracts and spot trading pairs anytime, anywhere.

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