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Today, weâre announcing that BitMEX Lite, our new mobile app for crypto â is now available for download from the App Store and Google Play.Â
Itâs been created to make buying, converting, withdrawing, depositing, and earning interest on crypto a whole lot easier and more accessible.
With a new look, feel, and enhanced functionality, our new crypto app acts as a gateway to the BitMEX ecosystem. Shaped by the needs of traders and beta testers, weâve built the app to offer an intuitive mobile experience â while providing users with the tools they need to manage their crypto.
Donât Miss Out on Our BMEX Token Offers
To celebrate the arrival of BitMEX Lite, BMEX rewards await users. From 13 April 2022 at 04:00 UTC until 12 May 2022 at 03:59 UTC, the first 10,000 users who download BitMEX Lite and log in to their main account via the app will receive 10 BMEX.
Our existing BMEX offers will also be available to BitMEX Lite users from 04:00 UTC today. For the breakdown of our offers, designed to celebrate our new crypto app, read on.Â
Welcome Offer
Our welcome offer gives new users the chance to earn up to 45 BMEX. The specific offer details are as follows:
- Sign up and verify your identity to earn 5 BMEX
- Buy USD 250+ worth of crypto to earn 10 BMEX within 10 days of verification
- Buy USD 1,000+ worth of crypto to earn 30 BMEX within 10 days of verification
Want an extra 10 BMEX? Keep your purchased crypto in BitMEX until 30 April 2022. You can trade, convert, subscribe to EARN, or simply HODL.
Note: Our new welcome offer is applicable from 1 April 2022 at 08:00 UTC until 30 April 2022 at 23:59 UTC. For further details, please visit our FAQ page.
Crypto Converter Offer
From now until 30 April 2022 at 23:59 UTC, existing users can earn 2.5 BMEX for every 1,000 Tether â or Bitcoin/Ether equivalent â converted.Â
This offer is capped at 250 BMEX per user, per month.
Referral Offer
Existing users will get 15 BMEX by referring three friends who sign up, complete KYC, and purchase at least USD 250 worth of crypto within 10 days of verification. This offer is capped at 150 BMEX per referrer, and is applicable from 1 April 2022 at 08:00 UTC until 30 April 2022 at 23:59 UTC.
BitMEX Lite: Key Features
BitMEX Lite has been designed to support our growing range of products, and place the functions you need at your fingertips.
Buy Crypto with up to 36 Fiat Currencies
Buying crypto on BitMEX has never been easier. With our new crypto app, youâll be able to buy ApeCoin, Bitcoin, Ether, MATIC, and Tether (ERC-20) with just a few taps on your phone.
To buy crypto via BitMEX Lite, simply:
- Log in to your BitMEX account.
- Tap the âBuyâ icon on the navigation bar.
- Select the crypto you want to buy.
- Enter the amount you would like to pay in your selected fiat currency.
- Your screen will then show a reference price and the estimated amount of crypto youâll receive.
- Tap âContinueâ and select your preferred fiat gateway provider.
- Note: You will be directed to the providerâs fiat on-ramp platform, which belongs to a third party and is not owned by BitMEX.
- Follow the instructions set by the selected fiat gateway provider. After youâve completed the purchase, youâll be redirected to the BitMEX app.
- Once the transaction is complete, your purchased crypto will be directly credited to your BitMEX Wallet.
Buy Crypto with Zero Fees
For a limited time*, all users can buy crypto with zero fees via Mercuryo, one of our fiat gateway partners.
*The offer period is from 1 April 2022 at 08:00 UTC until 14 April 2022 at 07:59 UTC.
Convert Crypto When Youâre on the Go
Our mobile interface for crypto conversions is sleek and intuitive, so no matter your experience level, youâll find it easy to use. By downloading the app, youâll be able to convert ApeCoin, Bitcoin, Ether, MATIC, Tether, and more cryptocurrencies in the future â with no hidden fees or the need to worry about slippage.
Hereâs a quick walkthrough of how to convert crypto via BitMEX Lite:
- Log in to your BitMEX account.
- Click the âConvertâ icon on the navigation bar.
- Enter the amount you want to convert from â or to â under âPayâ and âReceiveâ, respectively.
- Under âPayâ, you can review your available balance, and also tap âMaxâ to autofill your input amount with all of your available balance.
- Tap the âRequest quoteâ to generate a quote for your crypto conversion.
- If youâre happy with the conversion rate quoted, tap âConfirmâ.
- Once the conversion has been successfully executed, your converted crypto will appear in your wallet and be available for use immediately.
Earn Interest on Crypto
Why leave your crypto idle, when you can be earning interest? By accessing the Earn section of BitMEX Lite, users can earn interest on Bitcoin and Tether (ERC-20) more easily than ever before.
Hereâs how to subscribe to BitMEX EARN via our app:
- Log in to your BitMEX account.
- Tap âEarnâ on the navigation bar, and go to âProductsâ.Â
- Tap the BitMEX EARN product that you want to subscribe to, and review the product information.Â
- Tap the âSubscribe nowâ button to subscribe.Â
- Enter the amount of crypto you want to deposit into the EARN product.
- After completing step five, youâll be able to review your estimated interest based on the amount youâve entered, subscription duration, and EARN product chosen.
- Tap the âContinueâ button to review your order.
- Tap the âConfirmâ button to submit your EARN subscription order.
Deposit and Withdraw Crypto
By accessing the portfolio section of the app, youâll easily be able to check your Earn subscription details and transaction history, as well as deposit and withdraw crypto.
To deposit crypto via BitMEX Lite, simply:
- Log in to your BitMEX account.
- Tap âPortfolioâ on the navigation bar.
- Acknowledge the information regarding choosing the correct network, and then tap â to proceed.
- Select the type of crypto youâd like to deposit.
- Note: Please ensure the correct network is selected, as referenced in the Bitcoin deposit screenshot above.
- Retrieve your BitMEX wallet address by copying the address, saving the QR code image, or scanning the QR code via another app (if applicable).
- On the platform where you intend to withdraw crypto from, input your BitMEX Wallet address and follow the platformâs withdrawal instructions.Â
- After completing step six, youâll receive an email notifying you that youâve successfully deposited crypto into BitMEX.
To withdraw crypto via our crypto app, simply:
Note: Youâll need to enable two-factor authentication (2FA) to withdraw crypto from BitMEX Lite. Please note that old users who enable 2FA will trigger a 24-hour ban on crypto withdrawals.
- Log in to your BitMEX account.
- Tap âPortfolioâ on the navigation bar, and then tap âWithdrawâ.Â
- Enter or select a wallet address as the withdrawal destination.
- Input the amount you wish to withdraw, and then tap âContinueâ.Â
- Review your withdrawal details, and then tap âConfirmâ.Â
- Enter your 2FA to confirm your withdrawal, and tap âConfirmâ again. Then, retrieve the 6-digit verification code from your authenticator app.Â
- Note: Depending on the withdrawal addressâs configuration, you may need to complete email verification as well.
Coming Soon: New Crypto App Features
As we launch new products and features, youâll see these echo across to future versions of our mobile app. Hereâs what you can expect from our upcoming app updates:
- BMEX stakingÂ
- Spot and derivatives tradingÂ
- Market watchlistÂ
- Price alerts
- Biometric login support
- And more
Experience Our New Mobile App Today
Download BitMEX Lite today, or follow us on Discord, Telegram, and Twitter to be the first to know about our product updates and launches.
If you have any questions in the meantime, please contact Support.
The post The 101 on Our New Crypto App appeared first on BitMEX Blog.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.