How to Deposit on BitMEX

How to Deposit on BitMEX

In the fast-paced world of cryptocurrency trading and investment, it's essential to have many options for buying digital assets. BitMEX, a top cryptocurrency exchange, provides users with numerous ways to purchase cryptocurrencies. In this detailed guide, we'll show you the different ways you can buy crypto on BitMEX, highlighting how versatile and user-friendly the platform is.

How to Buy Crypto with Credit/Debit Card on BitMEX

Buy Crypto with Credit/Debit Card (Web)

1. Go to the BitMEX website and click on [Buy Crypto].
How to Deposit on BitMEX
2. Click on [Buy Now] to continue.
How to Deposit on BitMEX
3. A pop-up window will come up, you can choose the fiat currency that you want to pay, and the types of coins you prefer.
How to Deposit on BitMEX
4. You can also choose the types of paying, here I choose credit card.
How to Deposit on BitMEX
5. You could also choose the crypto supplier by clicking on the [By Sardine], the default supplier is Sardine.
How to Deposit on BitMEX 
6. Different suppliers will offer different ratios of crypto that you get.
How to Deposit on BitMEX
7. For example, if I want to buy 100 USD of ETH, I type in 100 in the [You spend] section, the system will convert it automatically for me, then click on [Buy ETH] to complete the process.
How to Deposit on BitMEX

Buy Crypto with Credit/Debit Card (App)

1. Open your BitMEX app on your phone. Click on [Buy] to continue.
How to Deposit on BitMEX
2. Click on [Launch OnRamper] to continue.
How to Deposit on BitMEX
3. Here you could fill out the amount of crypto that you want to buy, you could also choose the currency fiat or the types of crypto, the payment method that you prefer, or the crypto supplier by clicking on the [By Sardine], the default supplier is Sardine.
How to Deposit on BitMEX
4. Different suppliers will offer different ratios of crypto that you receive.
How to Deposit on BitMEX
5. For example, if I want to buy 100 USD of ETH by Sardine by using credit card, the system will convert it automatically into 0.023079 ETH. Click [Buy ETH] to complete.
How to Deposit on BitMEX

How to Buy Crypto with Bank Transfer on BitMEX

Buy Crypto with Bank Transfer (Web)

1. Go to the BitMEX website and click on [Buy Crypto].
How to Deposit on BitMEX
2. Click on [Buy Now] to continue.
How to Deposit on BitMEX
3. A pop-up window will come up, and you can choose the fiat currency that you want to pay, and the types of coins you prefer.
How to Deposit on BitMEX
4. You can also choose the types of payment, here I choose bank transfer by any bank that you want to.
How to Deposit on BitMEX
How to Deposit on BitMEX
5. You could also choose the crypto supplier by clicking on the [By Sardine], the default supplier is Sardine.
How to Deposit on BitMEX 
6. Different suppliers will offer different ratios of crypto that you get.
How to Deposit on BitMEX
7. For example, if I want to buy 100 EUR of ETH, I type in 100 in the [You spend] section, the system will convert it automatically for me, then click on [Buy ETH] to complete the process.
How to Deposit on BitMEX

Buy Crypto with Bank Transfer (App)

1. Open your BitMEX app on your phone. Click on [Buy] to continue.
How to Deposit on BitMEX
2. Click on [Launch OnRamper] to continue.
How to Deposit on BitMEX
3. Here you could fill out the amount of crypto that you want to buy, you could also choose the currency fiat or the types of crypto, the payment method that you prefer, or the crypto supplier by clicking on the [By Sardine], the default supplier is Sardine.
How to Deposit on BitMEX
4. Different suppliers will offer different ratios of crypto that you receive.
How to Deposit on BitMEX
5. For example, if I want to buy 100 EUR of ETH by Banxa using a Bank Transfer from a provider named Sepa, the system will convert it automatically into 0.029048 ETH. Click [Buy ETH] to complete.
How to Deposit on BitMEX

How to Deposit Crypto on BitMEX

Deposit Crypto on BitMEX (Web)

1. Click on the wallet icon in the top right corner.
How to Deposit on BitMEX
2. Click on [Deposit] to continue.
How to Deposit on BitMEX
3. Choose the Currency and Network that you prefer to deposit. You could scan the QR code below to deposit or you could deposit in the address below.
How to Deposit on BitMEX


Deposit Crypto on BitMEX (App)

1. Open the BitMEX app on your phone. Click on the [Deposit] to continue.
How to Deposit on BitMEX
2. Select a coin to deposit.
How to Deposit on BitMEX
3. You could scan the QR code below to deposit or you could deposit in the address below.
How to Deposit on BitMEX

Frequently Asked Questions

Can I deposit directly from my bank?

At the moment, we don’t accept deposits from banks. However, you can use our Buy Crypto feature where you can purchase assets through our partners which get directly deposited into your BitMEX wallet.
 

Why is my deposit taking a long time to get credited?

Deposits are credited after the transaction receives 1 network confirmation on the blockchain for XBT or 12 confirmations for ETH and ERC20 tokens. 

If there is network congestion or/and if you’ve sent it with low fees, it can take longer than usual to get confirmed. 

You can check whether your deposit has enough confirmation by searching up your Deposit Address or Transaction ID on a Block Explorer.
 

​​​​How long does it take for deposits to be credited?

Bitcoin deposits are credited after one network confirmation and ETH ERC20 token deposits are credited after 12 confirmations. 
 

How long does it take for transactions to get confirmed? 

The amount of time that it takes for confirmation(s) is dependent on the network traffic and the fee you’ve paid. If there is a large number of unconfirmed transactions, it is common for deposits to be delayed as all transfers are delayed.
 

How can I check on the status of my transaction?

You can check the status of your transaction by searching your Deposit Address on the relevant Block Explorer.
 

Is there a deposit fee?

BitMEX does not charge any fees on deposits.


Why does it say my deposit address is invalid/too long?

Your Bitcoin Deposit Address with BitMEX is a Bech32 (P2WSH) address format. The wallet you’re sending from will need to support this address format for you to be able to send funds to it.

If they support the address format and you’re still having trouble sending, try:

  • Copying pasting the address instead of manually entering it (it’s highly recommended that you don’t manually enter it in general as it’s more prone to errors)
  • Make sure that there is no trailing space at the end of the address after you paste it
  • Scan the QR code for your Deposit address instead of copying and pasting it


Why is my wallet balance different on a Block Explorer?

The balance on your Deposit Address doesn’t match the balance in your account because:

  • We don’t send transactions on the blockchain when you have Realised PNL or internal transfer
  • Your withdrawals are not sent from your Deposit Address
  • We sometimes consolidate balances to an address when we credit users with their funds

Your deposit address is used just to deposit funds into your account. It doesn’t reflect any other transaction that may take place on your account. 

For the most accurate reflection of your balance, please refer to the Wallet and Transaction History page.