Mark your calendars — exciting developments are on the horizon for cryptocurrency enthusiasts. Later this week, SHIB, SAND, CRO, MANA, FTT, and WBTC will be officially listed on BitMEX, expanding access to some of the most talked-about digital assets in the market. This enhancement allows users to deposit, withdraw, and exchange these six new cryptocurrencies seamlessly within the platform.
In addition to these immediate additions, BitMEX plans to roll out support for more tokens in the coming weeks — including OKB — signaling a broader commitment to diversifying its asset offerings. Stay tuned for further updates as the platform continues evolving.
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Expanded Crypto Support: What’s New?
The integration of SHIB, SAND, CRO, MANA, FTT, and WBTC marks a significant step forward in enhancing user flexibility and portfolio diversity on BitMEX. With this update, traders and long-term holders alike gain greater control over their digital assets.
Key features now available include:
- Instant crypto conversion between over 20 supported cryptocurrencies and stablecoins like USDC (ERC-20) or USDT, with no hidden fees and zero slippage.
- The ability to convert popular assets such as Bitcoin (XBT), Ethereum (ETH), and Tether (USDT) quickly — ideal for those focusing on margin-based derivatives trading or accessing spot markets.
- Direct deposit and withdrawal functionality for all six new tokens via the BitMEX Wallet, joining an already robust list that includes XBT, ETH, UNI, SOL, MATIC, APE, TRX, DAI, AAVE, BUSD, FTM, and more — with expansion ongoing.
Minimum withdrawal amounts have been set to ensure network efficiency and security:
- 800,000 SHIB
- 0.0004 WBTC
- 10 MANA
- 10 SAND
- 0.37 FTT
- 90 CRO
These thresholds reflect careful consideration of blockchain transaction costs and usability across different networks.
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Understanding the Newly Listed Tokens
To help users make informed decisions, here's a breakdown of each newly supported cryptocurrency — their purpose, utility, and role in the broader digital economy.
What Is SHIB (Shiba Inu)?
SHIB, also known as Shiba Inu, is one of the world’s most recognized meme coins. Launched in August 2020 by an anonymous founder using the pseudonym “Ryoshi,” it began with a total supply of one quadrillion tokens. Named after the iconic Japanese dog breed, SHIB was designed as an Ethereum-based alternative to Dogecoin (DOGE).
Despite its playful origins, SHIB has evolved into a serious ecosystem with initiatives like ShibaSwap — a decentralized exchange — and plans for layer-2 scaling solutions. Its community-driven nature continues to fuel innovation and adoption across DeFi platforms.
What Is SAND (The Sandbox)?
SAND is the native utility token of The Sandbox, a blockchain-powered virtual world built on Ethereum. It enables users to create, own, and monetize gaming experiences within a 3D metaverse environment.
Holders use SAND to:
- Purchase virtual land and in-game assets
- Participate in gameplay mechanics
- Vote on governance proposals affecting platform development
As interest in immersive digital worlds grows, SAND remains at the forefront of the convergence between gaming, NFTs, and decentralized ownership.
What Is CRO (Cronos)?
CRO, or Cronos, is the native cryptocurrency of the Cronos Chain — a decentralized, open-source blockchain developed by Crypto.com. Designed for speed and compatibility, Cronos supports Ethereum Virtual Machine (EVM) standards, making it easy for developers and users familiar with Ethereum to transition.
CRO powers various financial services on the Crypto.com ecosystem, including payments, staking rewards, trading fee discounts, and collateral for loans. Its integration into BitMEX enhances cross-platform liquidity and utility.
What Is MANA (Decentraland)?
MANA is an ERC-20 token that serves as the official currency of Decentraland, a decentralized 3D virtual reality platform. Users spend MANA to acquire LAND — parcels of digital real estate — and pay for goods and services within the metaverse.
From hosting virtual art galleries to launching interactive games, MANA empowers creators to build immersive experiences while maintaining full ownership through blockchain technology. As enterprise interest in virtual spaces increases, MANA’s relevance continues to grow.
What Is FTT (FTX Token)?
FTT was the native utility token of FTX, a now-defunct cryptocurrency exchange that once ranked among the largest globally. FTT served multiple functions:
- Reducing trading fees
- Acting as collateral for futures positions
- Enabling participation in token sales and governance
While the FTX platform no longer operates, FTT remains tradable and is being evaluated for potential revival under new leadership. Its inclusion on BitMEX reflects ongoing market interest in legacy tokens with residual utility.
What Is WBTC (Wrapped Bitcoin)?
WBTC, or Wrapped Bitcoin, is an ERC-20 token pegged 1:1 to Bitcoin (XBT). Introduced on the Ethereum mainnet in January 2019, WBTC brings Bitcoin’s value into Ethereum’s DeFi ecosystem — enabling it to be used in lending protocols, decentralized exchanges, and yield-generating applications.
By wrapping BTC into an Ethereum-compatible format, WBTC unlocks liquidity and expands use cases beyond simple holding or peer-to-peer transfers.
Future Roadmap: More Cryptos, Derivatives & Spot Pairs
This latest listing wave is just the beginning. As part of BitMEX’s ongoing mission to enhance platform functionality, additional cryptocurrencies, new derivative products, and fresh spot trading pairs — including ETH/BTC — are expected soon.
These upgrades aim to provide traders with deeper markets, improved execution speeds, and expanded opportunities across both speculative and long-term investment strategies.
👉 See how upcoming spot pairs could transform your trading approach.
Frequently Asked Questions (FAQ)
Why are SHIB and other meme coins being added to major platforms?
Meme coins like SHIB have gained substantial traction due to strong community support and increasing integration into DeFi ecosystems. Platforms are responding to user demand by listing them alongside traditional cryptos.
Can I use these new tokens as collateral for derivatives trading?
Yes — once deposited, supported tokens may be used as margin for leveraged trading on eligible derivatives contracts. Check BitMEX’s margin requirements for specific details.
Is WBTC safer than holding native Bitcoin?
WBTC relies on custodians to back each token with real BTC. While convenient for DeFi use, it introduces counterparty risk absent when holding self-custodied Bitcoin.
Will OKB be available for spot trading?
OKB is expected to be added soon, though exact dates haven’t been confirmed. Keep an eye on official announcements for updates.
Are there network fees for deposits or withdrawals?
Standard blockchain network fees apply when depositing or withdrawing any cryptocurrency. These vary based on network congestion and are not controlled by BitMEX.
How does instant conversion work without slippage?
BitMEX uses internal pricing engines and liquidity pools to enable instant swaps at fixed rates for supported pairs — eliminating slippage typically seen on decentralized exchanges.