How to Buy BitMEX (BMEX) with Bitcoin (BTC)
To buy BitMEX using Bitcoin, first, find a cryptocurrency exchange that supports the BMEX/BTC trading pair. Create an account, verify your identity, and deposit your BTC into your exchange wallet. Locate the BMEX/BTC pair on the trading platform and place an order to exchange your Bitcoin for BitMEX. If the BMEX/BTC pair is unavailable, you can first exchange Bitcoin for a stablecoin like Tether (USDT) or a fiat currency, then trade that for BitMEX. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.
How to Sell BitMEX (BMEX) for Bitcoin (BTC)
To sell BitMEX for Bitcoin, first, find a cryptocurrency exchange that supports the BMEX/BTC trading pair. Create an account, verify your identity, and deposit your BMEX into your exchange wallet. Locate the BMEX/BTC pair on the trading platform and place a sell order to exchange your BitMEX for Bitcoin. If the BMEX/BTC pair is unavailable, you can first sell BitMEX for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Bitcoin. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.