# BitMEX Introduces Bech32 Deposits To Deepen Bitcoin Integration, Lower Fees

By Coinness

Canonical URL: https://www.tokenpost.com/news/investing/7547
Published: 2021-03-18T10:31:03.000Z
Updated: 2021-03-18T10:31:03.000Z
Section: Investing

> BitMEX announced the imminent launch of Bech32 deposits across the BitMEX platform, boosting efficiency and deepening the integration with the latest Bitcoin address format.

BitMEX announced the imminent launch of Bech32 deposits across the BitMEX platform, boosting efficiency and deepening the integration with the latest Bitcoin address format.

In the coming weeks, the platform will begin to issue Bech32 addresses to all new BitMEX users and migrate current users to new addresses in phases as soon as possible.

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