BitMEX Adds Mercuryo On-Ramp, Opening Direct Fiat-to-Crypto Access Worldwide
What Did BitMEX Change — and Why Now?
, long regarded for its risk engine and conservative security posture, has taken another step toward simplifying access to its trading ecosystem. The platform has integrated Mercuryo’s global payment infrastructure, enabling users to convert fiat currencies directly into crypto on BitMEX for the first time. The update removes friction that historically pushed new users through external on-ramps before reaching the platform’s spot and derivatives markets.
Through the new integration, users in eligible regions can purchase digital assets using credit cards, bank transfers, Apple Pay, Google Pay, and other supported channels. More than 30 fiat currencies are available at launch, with conversions typically settling in minutes. Once credited, users can immediately trade , , , and other listed digital assets across BitMEX’s markets.
“The integration of Mercuryo’s on-ramps on the BitMEX platform provides our users with a robust and intuitive means of converting fiat into the cryptocurrency of their choice,” said Raphael Polansky, Chief Growth Officer at BitMEX. “The user experience (UX) is everything in crypto and Mercuryo has proven expertise in delivering an optimum on-ramp experience.”
Investor Takeaway
Why Does This Matter for Traders Entering BitMEX’s Markets?
For years, BitMEX positioned itself as a pure-play derivatives venue for seasoned traders. That approach built a loyal user base but also created a high wall for beginners or traders who wanted a frictionless way to enter crypto markets. Today’s landscape is very diverse: platforms compete on ease of onboarding as much as on liquidity or leverage tools.
The Mercuryo integration speaks directly to that shift. By reducing steps between fiat funding and active trading, BitMEX improves its first-time user funnel — a fragile point historically compared to retail-friendly competitors. It also brings BitMEX closer to the industry norm, where platforms like Bybit, OKX, and Binance have long offered built-in on-ramps.
For BitMEX’s more experienced audience, the upgrade is less about convenience and more about market access. quicker funding means tighter execution windows, especially during periods of high volatility when price opportunities are short-lived. With settlement occurring within minutes, traders gain quicker access to margin, spot balances, and derivatives positions.
How Does This Integration Compare to Other platform On-Ramps?
Mercuryo has positioned itself as an infrastructure provider that blends compliance, speed, and multi-currency support. Its appeal lies in offering a unified payment gateway that feels familiar to everyday users while meeting institutional-level standards behind the scenes.
“The integration of Mercuryo’s on-ramps gives BitMEX traders the convenience of a trusted gateway wrapped in a familiar interface,” said Petr Kozyakov, Co-Founder and CEO at Mercuryo. “This is an significant step towards enhancing the trading experience for millions of BitMEX’s global users.”
While BitMEX still does not aim to be a retail-heavy platform in the identical sense as Coinbase or Crypto.com, the integration narrows the usability gap, particularly for users outside the U.S. who want quick access to derivatives markets without navigating third-party tools.
Investor Takeaway
What Comes Next for BitMEX’s Retail and Institutional Strategy?
The new on-ramp is part of a broader shift at BitMEX toward lowering entry barriers while maintaining its reputation for securety and execution quality. Over the past year, the platform has rolled out spot listings, redesigned trading tools, and new account protection features — moves aimed at diversifying beyond its derivatives-first identity.
The Mercuryo integration also positions BitMEX more competitively in emerging markets where users rely heavily on mobile wallets, local payment rails, and alternative fiat channels. As global regulation tightens, payment partnerships will play an outsized role in determining which platforms remain accessible across regions.
For now, BitMEX gains a smoother user funnel, more approachable funding tools, and a feature set that aligns with modern platform standards. Whether this leads to a broader push into retail onboarding remains to be viewn — but the infrastructure is now in place.
More information on the conversion feature is available on BitMEX’s website.
