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Crypto Reporter

Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies


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BitMEX Partners with Onramper to Enable Seamless and Reliable Fiat-to-Crypto Onramp Transactions

February 17, 2023 By Crypto Reporter PR

BitMEX, one of the world’s most trusted crypto trading platforms for professional and institutional traders, has announced its latest partnership with Onramper, a fiat-to-crypto onramp aggregator that allows users to have access to multiple fiat-to-crypto gateways via one single API.

By integrating with Onramper, BitMEX now supports the widest possible amount of fiat currencies, payment methods and cryptocurrencies in a single solution, with users instantly able to deposit funds into the exchange or swap from fiat to their token of choice. Onramper currently supports more than 95 fiat and 240 cryptocurrencies, offering 35 local payment methods in over 190 countries and working alongside nine major onramps.

Additionally, this newly implemented feature comes at a time when there is significant interest from traders seeking to expand their investment portfolio with cryptocurrencies. Security, convenience, and high yields are professional investors’ top considerations prior to entering the crypto assets market, to which Onramper will be able to provide a reliable fiat-to-crypto purchasing experience with the highest rate of success across the market.

Currently, Onramper’s integrated onramps include:
1. Moonpay
2. Wyre 3. Xanpool
4. Mercuryo
5. Coinify 6. Indacoin
7. Utorg
8. Transak 9. Itez
10. Sardine (Live Soon)
11. BTC Direct (Live Soon)

Thijs Maas, CEO and Co-Founder of Onramper, said: “Seamless, fast and secure onramp transactions hold the key to growing the crypto ecosystem, and our partnership with BitMEX will surely be a model for the whole ecosystem. The 2023 roadmap for BitMEX is ambitious, and we’re excited to be helping one of the leading exchanges in the space grow their user base globally.”

Stephan Lutz, Acting CEO & Group CFO of BitMEX, said: “BitMEX has had a transformative year in 2022 as we pivoted our focus back to derivatives trading. As a leading crypto derivatives exchange that has persevered through volatile market cycles, we are constantly looking for new ways to improve the trading experience for our traders. The partnership with Onramper will help us accomplish a smoother onramp and margin provision as we welcome more exciting platform updates in 2023.”

As part of BitMEX’s focus to enhance the accessibility and compatibility of its platform, it will expand its cryptocurrency derivatives portfolio to include more perpetual swaps and futures listings on trending tokens – in addition to further enhancing its BMEX Token rewards system and delivering the fastest, most reliable platform for traders.

About BitMEX
As one of the first crypto exchanges for derivatives, BitMEX caters to the needs of institutional and professional traders. Since inception, BitMEX users have traded safe in the knowledge that their funds are secure, and that the platform provides low latency, deep liquidity and constant availability.
In 2014, BitMEX created the most popular crypto trading product in history, the Perpetual Swap, and continues to create new derivative products, most recently, the ETH Staking Swap. BitMEX was also one of the first exchanges to publish their on-chain Proof of Reserves and Proof of Liabilities data. The exchange continues to publish this data twice a week – proving assurance that they safely store and segregate the funds they are entrusted with.
For more information on BitMEX, please visit the BitMEX Blog or www.bitmex.com, and follow Discord, Telegram and Twitter.

About Onramper
Onramper is a fiat-crypto onramp aggregator. Leading exchanges, wallets and DeFi and Web3 projects use Onramper’s API to offer end users an embedded, secure and seamless method to buy or sell cryptocurrencies in a KYC-compliant fashion. Based in Amsterdam and founded in 2020, the company received $6 million in funding and supported 35 payment methods in 190+ countries.

Filed Under: Press Releases

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