29 April 2026 | Wednesday | News
Picture Courtesy | Public Domain
Global payments infrastructure platform Mercuryo has announced the launch of crypto-to-fiat off-ramps with BitMEX, a major cryptocurrency exchange, enabling users of the popular derivatives exchange to convert their digital token holdings into fiat currency.
Mercuryo's launch of off-ramps on BitMEX coincides with a 50 per cent discount on fees for converting crypto into euros (EUR), available to residents in the European Economic Area (EEA).
Mercuryo's off-ramp service will support all the digital tokens available for trading on BitMEX, including bitcoin (BTC), Ethereum (ETH) and Solana (SOL). The 50 per cent EUR discount offer went live on April 28, 2026 and will last until May 28, 2026.
"We are delighted to launch these state-of-the-art off-ramps on BitMEX, providing an intuitive and fast means of converting crypto into fiat," said Arthur Firstov, Chief Business Officer at Mercuryo. "At launch, we anticipate a ready uptake among BitMEX's growing user base for the new off-ramping service, bolstered by a 50 per cent discount on fees for converting digital tokens to euros."
"By expanding our partnership with Mercuryo to include seamless off-ramping, we are closing the loop for our users to provide the full crypto-to-fiat cycle," said Raphael Polansky, Chief Growth Officer at BitMEX. "With on-ramping, we simplified how users enter the ecosystem; we are giving them the same robust, intuitive control over how they exit it."
As the inventor of the perpetual swap, BitMEX has a reputation for innovation. The exchange offers a broad range of derivative products and remains the preferred platform for a significant proportion of the industry's professional and retail traders. Mercuryo's integration of off-ramp services will enhance BitMEX's ability to meet the needs of its existing users and to onboard new traders to its platform.
Mercuryo is a first-mover and innovator in the fast-evolving Web3 space, providing a variety of payment solutions along with seamless on-chain integration. Mercuryo's intuitive solutions are simplifying the experience for newcomers to the digital token space. Mercuryo specialises in efficient capital flow in the DeFi ecosystem and combines various payment solutions into a single interface.
Fintech Business Asia, a business of FinTech Business Review
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