How to Open Account and Deposit into BitMEX

How to Open Account and Deposit into BitMEX

Commencing your journey into cryptocurrency trading starts with setting up an account on a trusted exchange, and BitMEX is widely recognized as a top preference. This guide offers a step-by-step walkthrough on how to create a BitMEX account and deposit funds seamlessly, laying the foundation for a successful trading experience.

How to Open an Account on BitMEX

How to Open an Account on BitMEX with Email

1. First go to the BitMEX website, and click on [Register].
How to Open Account and Deposit into BitMEX
2. A pop-up window will come up, fill out your email and the password for your account and choose your Country/Region. Remember to tick the box that you accept with the Terms of Service.
How to Open Account and Deposit into BitMEX
3. Click on [Register].
How to Open Account and Deposit into BitMEX
4. The Registration email will be sent to your email, open your email and check it.
How to Open Account and Deposit into BitMEX
5. Open the mail and click on [Confirm Your Email].
How to Open Account and Deposit into BitMEX
6. A pop-up Login window will come up, Click on [Login] to log in to your account and continue the next step.
How to Open Account and Deposit into BitMEX
7. This is the BitMEX home page after you register successfully.
How to Open Account and Deposit into BitMEX

How to Open an Account on the BitMEX App

1. Open the app BitMEX on your phone, and click on [Register].
How to Open Account and Deposit into BitMEX
2. Fill out your information, tick on the box that you accept the Terms of Service, and click on [Register].
How to Open Account and Deposit into BitMEX
3. A registration Email will be sent to your mailbox, check your email then.
How to Open Account and Deposit into BitMEX
4. Click on [Confirm Your Email] to confirm the email and continue.
How to Open Account and Deposit into BitMEX
5. Open your app again and log in. Click on [Accept and Sign In].
How to Open Account and Deposit into BitMEX
6. Here is the home page after you register successfully.
How to Open Account and Deposit into BitMEX

Frequently Asked Questions (FAQ)

Why am I not receiving emails from BitMEX?

If you’re not receiving emails from BitMEX, try the following troubleshooting steps: 

  1. Check the Spam filters in your mailbox. There is a chance our email may have ended up in your Spam or Promotions folders.
  2. Ensure BitMEX support email is added to your email whitelist and try to request the emails again. 

If you are still not receiving emails from us, please contact us using the email address linked to your account. We will further investigate why emails are not being delivered.
 

Can I have more than one BitMEX account?

You can only register one BitMEX account, however, you can create up to 5 subaccounts tied to that one.
 

How can I change my email address?

To change the email address that’s associated with your BitMEX account, please reach out to support.
 

How can I close/delete my account?

To close your account, there are two options available depending on whether or not you have the BitMEX app downloaded.

If you have the app, you can request to close your account by following these steps:

  • Tap on the More tab located at the bottom of the navigation menu
  • Select Account and scroll down to the bottom of the page
  • Tap on Delete account permanently

If you don’t have the app downloaded, you can reach out to support asking them to close your account.
 

Why was my account marked as spam?

If an account has too many open orders with a gross value of less than 0.0001 XBT, the account will be labeled as a spam account and all proceeding orders that are smaller than 0.0001 XBT in size will automatically become hidden orders.

Spam accounts are re-evaluated every 24 hours and may return to normal provided that trading behaviour has changed. 

For more details on the spam mechanism please see our REST API docs on Minimum Order Size.

How to Deposit to BitMEX

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 Open Account and Deposit into BitMEX
2. Click on [Buy Now] to continue.
How to Open Account and Deposit into 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 Open Account and Deposit into BitMEX
4. You can also choose the types of paying, here I choose credit card.
How to Open Account and Deposit into BitMEX
5. You could also choose the crypto supplier by clicking on the [By Sardine], the default supplier is Sardine.
How to Open Account and Deposit into BitMEX 
6. Different suppliers will offer different ratios of crypto that you get.
How to Open Account and Deposit into 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 Open Account and Deposit into BitMEX

Buy Crypto with Credit/Debit Card (App)

1. Open your BitMEX app on your phone. Click on [Buy] to continue.
How to Open Account and Deposit into BitMEX
2. Click on [Launch OnRamper] to continue.
How to Open Account and Deposit into 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 Open Account and Deposit into BitMEX
4. Different suppliers will offer different ratios of crypto that you receive.
How to Open Account and Deposit into 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 Open Account and Deposit into 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 Open Account and Deposit into BitMEX
2. Click on [Buy Now] to continue.
How to Open Account and Deposit into 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 Open Account and Deposit into BitMEX
4. You can also choose the types of payment, here I choose bank transfer by any bank that you want to.
How to Open Account and Deposit into BitMEX
How to Open Account and Deposit into BitMEX
5. You could also choose the crypto supplier by clicking on the [By Sardine], the default supplier is Sardine.
How to Open Account and Deposit into BitMEX 
6. Different suppliers will offer different ratios of crypto that you get.
How to Open Account and Deposit into 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 Open Account and Deposit into BitMEX

Buy Crypto with Bank Transfer (App)

1. Open your BitMEX app on your phone. Click on [Buy] to continue.
How to Open Account and Deposit into BitMEX
2. Click on [Launch OnRamper] to continue.
How to Open Account and Deposit into 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 Open Account and Deposit into BitMEX
4. Different suppliers will offer different ratios of crypto that you receive.
How to Open Account and Deposit into 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 Open Account and Deposit into 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 Open Account and Deposit into BitMEX
2. Click on [Deposit] to continue.
How to Open Account and Deposit into 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 Open Account and Deposit into BitMEX

Deposit Crypto on BitMEX (App)

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