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How can I exchange bitcoin for USD on BitMEX?

avatarNegi RïñpaeDec 15, 2021 · 3 years ago3 answers

I want to exchange my bitcoin for USD on BitMEX. Can you guide me through the process step by step? What are the fees involved? Is there a minimum amount required for the exchange?

How can I exchange bitcoin for USD on BitMEX?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Sure! To exchange bitcoin for USD on BitMEX, you need to follow these steps: 1. Log in to your BitMEX account and navigate to the 'Trade' tab. 2. Select the 'XBT/USD' trading pair. 3. Choose the type of order you want to place, such as market order or limit order. 4. Enter the amount of bitcoin you want to exchange for USD. 5. Review the order details and click on the 'Submit' button. As for the fees, BitMEX charges a trading fee of 0.075% for bitcoin to USD trades. There is no minimum amount required for the exchange, so you can exchange any amount of bitcoin for USD. I hope this helps! Let me know if you have any more questions.
  • avatarDec 15, 2021 · 3 years ago
    No worries! Exchanging bitcoin for USD on BitMEX is a breeze. Just follow these simple steps: 1. Login to your BitMEX account and go to the 'Trade' section. 2. Select the 'XBT/USD' trading pair. 3. Choose the type of order you want to place, like a market order or a limit order. 4. Enter the amount of bitcoin you want to exchange for USD. 5. Double-check the order details and hit the 'Submit' button. Regarding fees, BitMEX charges a trading fee of 0.075% for bitcoin to USD trades. There is no minimum amount required for the exchange, so you can exchange any amount of bitcoin for USD. Hope this helps! Feel free to ask if you have any more questions!
  • avatarDec 15, 2021 · 3 years ago
    Certainly! Here's a step-by-step guide to exchanging bitcoin for USD on BitMEX: 1. Log in to your BitMEX account and navigate to the 'Trade' section. 2. Select the 'XBT/USD' trading pair. 3. Decide whether you want to place a market order or a limit order. 4. Enter the amount of bitcoin you wish to exchange for USD. 5. Review the order details and confirm the transaction. In terms of fees, BitMEX charges a trading fee of 0.075% for bitcoin to USD trades. There is no minimum amount required for the exchange, so you can exchange any amount of bitcoin for USD. I hope this explanation is helpful! Let me know if you have any further questions.