BitMEX has expanded its multi-network support for USDT by adding the Solana (SOL) blockchain. Users can now deposit and withdraw USDT (SOL) alongside USDT TRC-20 and USDT ERC-20, benefiting from faster transactions and lower fees. This guide covers everything you need to know about USDT (SOL) on BitMEX, including how to deposit, withdraw, and trade.
👉 Explore BitMEX’s USDT (SOL) features
Multi-Network USDT (SOL) Support
With USDT (SOL) now live, BitMEX supports Tether deposits and withdrawals across three networks:
- Ethereum (ERC-20)
- TRON (TRC-20)
- Solana (SOL)
All deposited USDT (regardless of network) merges into a single balance. For example:
- 1,000 USDT ERC-20 + 200 USDT TRC-20 + 100 USDT (SOL) = 1,300 USDT total.
Key Features:
- Fungibility: Trade USDT-margined derivatives, convert, or earn interest interchangeably.
- Flexible Withdrawals: Withdraw USDT via any supported network, irrespective of the deposit method.
Important: Always verify the wallet address and network before transacting to avoid irreversible losses.
What Is USDT (SOL)?
USDT (SOL) is Tether’s stablecoin issued on the Solana blockchain, pegged 1:1 to the USD. Solana offers:
- Speed: 50,000–65,000 transactions per second (tps).
- Low Fees: ~$0.00025 per transaction—far cheaper than Ethereum or other Layer-1 blockchains.
How to Deposit USDT (SOL)
- Navigate to Wallet > Deposit.
- Select USDT and choose Solana as the network.
- Copy your Solana wallet address or scan the QR code.
- Initiate the transfer from your external wallet.
- Wait for blockchain confirmation (email notification sent upon completion).
Note: Ensure the deposit network matches your external wallet’s USDT (SOL) address.
👉 Start depositing USDT (SOL) now
How to Withdraw USDT (SOL)
- Go to Wallet > Withdraw.
- Select USDT and Solana as the network.
- Enter the Solana wallet address and amount.
- Authenticate via 2FA (and email, if enabled).
- Confirm the withdrawal.
Reminder: Double-check the withdrawal address and network.
Upcoming Spot Trading Pairs
BitMEX will soon launch SOL/USDT and additional spot pairs. New futures listings are also planned for Q4.
FAQs
1. Can I mix USDT from different networks on BitMEX?
Yes. Deposits merge into a single USDT balance, usable across all services.
2. Which network is cheapest for USDT transfers?
Solana (SOL) offers the lowest fees (~$0.00025 per transaction).
3. How long do USDT (SOL) deposits take?
Transactions typically confirm within minutes on Solana’s high-speed blockchain.
4. Are there withdrawal limits for USDT (SOL)?
Standard withdrawal limits apply. Check your account for details.
5. Is USDT (SOL) supported on BitMEX Mobile?
Yes. Deposit/withdraw via the BitMEX Mobile App.
Final Tips
- Use USDT (SOL) for cost-effective and rapid transactions.
- Stay updated on new listings via BitMEX’s official channels.
For further assistance, contact BitMEX Support.