Now Live: Sell Crypto on BitMEX with Mercuryo
In partnership with Mercuryo, fiat off-ramps are now available on BitMEX — allowing users to sell crypto for cash and receive funds directly to their bank account.
TL;DR:
With the integration of Mercuryo off-ramps, users can now directly sell Bitcoin, Ether, Solana, USDT, and more, on BitMEX and convert crypto to cash.
Fiat off-ramps are a service that facilitates the exchange of cryptocurrencies for fiat currencies, allowing users to turn crypto to cash.
Users can cash out crypto via Visa/Mastercard card withdrawal. Additional payout methods may be available depending on region.
No repeated KYC is required; existing and verified BitMEX users can directly access the off-ramp service.
BitMEX now supports both buying and selling — you can buy and sell crypto on a single platform through Mercuryo.
The Sell Crypto feature is now live on BitMEX Web and will be available via Mobile in the coming weeks.
If you haven't signed up for a BitMEX account yet, we're currently offering $5,050+ worth of trading credits to new users — you can register here.
What is Crypto Off-Ramp?
Markets don't wait, and neither should your ability to cash out crypto. Whether you're taking profits, rebalancing, or simply need cash, the speed at which you can convert crypto to cash matters.
How do you cash out crypto? That's where off-ramps come in. A crypto off-ramp is a service that converts digital assets like BTC, ETH, or USDT into fiat currencies such as GBP, EUR, or USD. While on-ramps invite you into the ecosystem, off-ramps are the bridge back out, allowing you to withdraw funds to traditional bank accounts and payment cards.
Through Mercuryo, users can now sell crypto for cash on BitMEX and receive fiat directly to their Visa or Mastercard — all without leaving the BitMEX platform.
How to Sell Crypto on BitMEX with Mercuryo
Looking for how to cash out crypto on BitMEX? Below is a step-by-step guide on how to sell Bitcoin, sell USDT, sell Ethereum, and other supported cryptocurrencies directly on BitMEX via Mercuryo:
Step 1: Sign up for a BitMEX account
To sell crypto to cash on BitMEX, you must have a verified account. you will need a valid ID and may be asked for proof of address, so be sure to have those ready. KYC completion can vary depending on your jurisdiction.
If you haven’t signed up for a BitMEX account yet, we’re currently offering $5,050+ worth of trading credits to new users - you can register here.
Step 2: Navigate to Sell Crypto
On your navigation bar, hover over ‘Buy Crypto’ then select 'One-Click Sell'.
Step 3: Select the cryptocurrency and amount to sell
Under ‘Pay’, choose the cryptocurrency you would like to sell from your BitMEX wallet balance. For example, if you wish to sell USDT for USD, select USDT. Specify the amount of cryptocurrency you would like to sell. For example, if you wish to sell 50 USDT, input 50.
You can sell 20+ cryptocurrencies via Mercuryo such as BTC, ETH, and SOL.
Step 4: Select the fiat currency to receive
Choose the fiat currency you would like to receive. The equivalent fiat value of the cryptocurrency you selected will automatically update under ‘You Get’. BitMEX and Mercuryo support EUR, USD, and GBP for off-ramp.
Specify the network you would like the transfer to occur on. Different networks will be available depending on the cryptocurrency you would like to sell. For example, if you wish to sell USDT, you can choose to execute your transfer on the Arbitrum, Solana, Tron, BNB Smart Chain, or Ethereum network.
Step 5: Select your preferred payout method
Choose how you would like to receive your fiat under ‘Receive using’:
Visa & Mastercard — funds are sent directly to your linked debit or credit card
Google Pay, Apple Pay & Revolut Pay— funds are sent to your linked debit or credit card
Click Sell [Token]. You will then be asked to enter your payout details (card number or bank account information).
Step 6: Confirm your sale
Review the transaction details including the amount, currency, and network selected. Input your 2FA token if applicable. If you haven’t enabled 2FA for your account yet, we highly recommend setting this up.
Once confirmed, the crypto will be deducted from your BitMEX wallet and transferred to Mercuryo as the offramp provider.
You will then receive a confirmation email from BitMEX after initiating the sale, and another from Mercuryo once the fiat payout is processed.
Payout times vary by method and region. Card withdrawals are typically processed within minutes to a few business days. Check Mercuryo's processing times for your specific payout method.
To learn more about how to sell crypto on BitMEX via Mercuryo, visit our FAQs.
This service is powered by Mercuryo, a third-party payment provider. BitMEX does not process fiat currency directly. By using this feature, your data is shared with Mercuryo in accordance with our Privacy Policy
About Mercuryo
Mercuryo is a leading payment infrastructure platform in the digital token space. Standing out in the decentralised ecosystem by enhancing payment use case growth and on-chain integration, Mercuryo's intuitive and robust solutions are powering the next generation of Web3 payment services. Mercuryo's innovative payment products such as Spend bridge the gap between TradFi, Web2 and Web3. Mercuryo is the proud partner of leading pillars in the digital token economy such as Ledger, MetaMask, Trust Wallet and Revolut. Driven by an evolving product suite, Mercuryo is expanding further and continuing to innovate with a diversified stack of payment services.
Learn more at: https://mercuryo.io/
To be the first to know about our new listings, product launches, giveaways and more, we invite you to join one of our online communities and connect with other traders.
For the absolute latest, follow us on Twitter, join our Telegram channel or read our blog and site announcements.
In the meantime, if you have any questions please contact Support who are available 24/7.
