BitMEX continues to expand its cryptocurrency offerings, delivering greater flexibility and accessibility for traders and investors worldwide. In a recent update, the platform has officially added support for Solana (SOL) — one of the fastest-growing Layer 1 blockchains in the crypto ecosystem. This move allows users to trade, deposit, withdraw, swap, and purchase SOL directly on BitMEX, marking a significant enhancement to its growing suite of digital asset services.
👉 Discover how easy it is to start trading top cryptocurrencies today.
This addition follows BitMEX’s earlier integration of USDT on the Solana network and signals the beginning of a broader rollout. Over the coming weeks and months, users can expect even more tokens and trading pairs to become available — positioning BitMEX as a more comprehensive destination for both spot and derivatives trading.
Trade Solana (SOL) with Confidence
The SOL/USDT spot trading pair is now live on BitMEX Spot, joining other popular pairs such as TRX/USDT, XBT/USDT, ETH/USDT, APE/USDT, UNI/USDT, MATIC/USDT, LINK/USDT, and AXS/USDT.
To begin trading SOL/USDT:
- Navigate to the “Spot Pairs” section on BitMEX Spot.
- Select the SOL/USDT pair.
- Choose your preferred order type and execute your trade.
Order Types Available
Limit Orders
A limit order allows traders to set a specific price at which they want to buy or sell SOL. The order only executes when market conditions meet that price.
Example:
If the current market price of 1 SOL is 30 USDT, but you believe the price will drop to 28 USDT before rising again, you can place a limit order to buy 100 SOL at 28 USDT.
How to place:
- Select “Limit”
- Enter 28 in the Price field
- Enter 100 in the Amount field
- Click “Buy SOL” to submit
This feature is ideal for strategic traders who want precise control over entry and exit points.
Market Orders
A market order executes immediately at the best available current market price. It's perfect for users who prioritize speed over price precision.
Example:
You want to buy 100 SOL right now when the price is 30 USDT per SOL.
How to place:
- Select “Market”
- Enter 100 in the Amount field
- Review the estimated total in USDT shown under “Order Value”
- Click “Buy SOL” to confirm
Market orders ensure fast execution, making them suitable for time-sensitive strategies.
Buy Solana with Fiat — Fast & Secure
Users can now buy Solana instantly using fiat currency, with purchases typically completed within minutes. In addition to SOL, BitMEX supports direct fiat-to-crypto purchases for XBT, TRX, USDT, USDC, ETH, APE, MATIC, AXS, UNI, SUSHI, and LINK — with more assets being added regularly.
How to Buy SOL with Fiat
Choose from over 30 supported fiat currencies, including:
- USD, EUR, GBP, CAD, AUD
- JPY, INR, BRL, NGN, ZAR
- And many others (AED, ARS, CHF, HKD, SGD, etc.)
- Enter the amount you’d like to spend.
- Select Solana (SOL) as your desired cryptocurrency.
- Pick your preferred payment provider — either Banxa or Mercuryo.
- Follow the steps provided by your chosen fiat gateway.
This seamless on-ramp process lowers barriers for new users entering the crypto space while offering convenience for experienced traders looking to diversify quickly.
👉 Start converting fiat into high-potential digital assets in minutes.
Instantly Swap Between Cryptocurrencies
BitMEX now enables users to convert SOL to USDT — and vice versa — instantly and without hidden fees. All crypto conversions on the platform are executed in real time, eliminating slippage concerns and ensuring transparency.
How to Convert SOL ↔ USDT
- Go to the Crypto Converter tool.
- Select SOL as the input currency.
- Choose USDT as the output currency (or select another supported token).
- Enter the amount you wish to convert.
- Review the displayed exchange rate.
- Click “Confirm” if satisfied.
Once confirmed, the converted funds appear immediately in your wallet — ready for trading, staking, or withdrawal.
This functionality is especially valuable for traders managing margin positions denominated in USDT or those looking to capitalize on short-term volatility without leaving the platform.
Deposit and Withdraw Solana with Ease
Managing your SOL holdings on BitMEX is simple and secure.
To Deposit SOL:
- Go to your Wallet
- Click “Deposit”
- Select Solana (SOL)
- Copy your unique deposit address or scan the QR code
- Send SOL from your external wallet
To Withdraw SOL:
- Navigate to Wallet > Withdraw
- Choose Solana
- Paste the recipient address
- Enter the amount (minimum: 0.02 SOL)
- Confirm transaction
All transactions are processed securely with multi-layered verification protocols to protect user funds.
What Is Solana (SOL)?
Solana is an open-source, third-generation blockchain designed to support scalable decentralized applications (dApps) and smart contracts. As one of the leading competitors to Ethereum, it stands out due to its exceptional speed and low transaction costs.
Key Features of Solana
- Hybrid Consensus Mechanism: Combines Proof of History (PoH) with Proof of Stake (PoS) to achieve high throughput.
- Scalability: Capable of processing up to 50,000 transactions per second (TPS).
- Low Fees: Average transaction cost is less than $0.0025.
- Native Token (SOL): Used for staking, paying transaction fees (denominated in Lamports — 1 SOL = 1 billion Lamports), and securing the network.
Developers leverage Solana’s infrastructure for DeFi protocols, NFT marketplaces, Web3 apps, and more — making SOL a foundational asset in the evolving blockchain landscape.
What’s Coming Next?
BitMEX isn’t stopping with Solana. The platform plans to roll out additional spot trading pairs in the near future — including highly anticipated pairs like ETH/XBT.
Upcoming features include:
- New crypto derivatives listings
- Expanded margin trading options
- Exciting giveaways and user rewards
Stay tuned for announcements across BitMEX’s official channels.
👉 Be among the first to access new tokens and exclusive trading opportunities.
Frequently Asked Questions (FAQ)
Q: Can I trade Solana derivatives on BitMEX?
A: While this update focuses on spot trading, BitMEX remains a leader in crypto derivatives. Future updates may include SOL-based perpetual swaps or futures contracts.
Q: Is there a fee for converting SOL to USDT?
A: No. All crypto conversions on BitMEX are currently fee-free and executed at real-time rates with no slippage.
Q: What is the minimum amount I can withdraw in SOL?
A: The minimum withdrawal amount for Solana is 0.02 SOL.
Q: Can I use my existing BitMEX account to buy SOL with fiat?
A: Yes. Simply log in, navigate to the “Buy Crypto” section, choose your fiat currency and payment method, then complete your purchase.
Q: Are Banxa and Mercuryo safe payment providers?
A: Yes. Both are regulated and widely used across major crypto platforms, offering KYC-compliant on-ramps with strong security measures.
Q: Will more Solana-based tokens (like SPL tokens) be supported?
A: While not confirmed yet, the addition of USDT on Solana suggests growing support for SPL tokens in future updates.
Core Keywords:
Solana (SOL), BitMEX, crypto trading, buy Solana with fiat, SOL/USDT, cryptocurrency conversion, deposit Solana, withdraw SOL