BitMEX, one of the world’s largest crypto trading platforms, has announced the launch of the BitMEX Spot Exchange for retail and institutional traders.

The launch of the BitMEX Spot Exchange represents a significant step for BitMEX’s strategy to offer cutting edge products to crypto traders. The exchange supports seven pairs of cryptocurrencies, including bitcoin (XBT), ether (ETH), chainlink (LINK), uniswap (UNI), polygon (MATIC), axie infinity (AXS) and apecoin (APE), all against tether (USDT).

Users are able to access the spot by placing coin conversion request-for-quotes (RFQs), through Central Limit Order Books and taking advantage of API trading, as well as on the go with BitMEX Lite when Spot is launched in the mobile app in the next few weeks.

BitMEX Spot will ultimately allow users to transact between fiat currencies and crypto assets as well as crypto-to-crypto trading pairs.