BitMEX Exchange Officially Ceases Operations Existing users are advised to withdraw their remaining assets as soon as possible
On September 23, according to BitMEX’s latest official X post, the exchange officially ceased operations at 04:00 UTC on September 23, 2026. User funds are currently completely safe, and login and withdrawal functions remain available.
BitMEX also advises existing users to withdraw their remaining withdrawable balances as soon as possible. Withdrawals can be made via the BitMEX web platform. Please note that the exchange’s deposit function has been synchronised and shut down, and users should not send any funds to BitMEX addresses.
With the exchange ceasing operations, the account fee policy takes effect immediately. Going forward, for users who have completed KYC verification, the exchange balance will incur a monthly fee calculated at an annual interest rate of 19% or a USD equivalent of $50 (whichever is higher).
To ensure users can withdraw smoothly, the platform is rolling out security measures in phases, including simplifying website experience, KYC updates, and a cooling-off period. It will also send users detailed withdrawal instructions and notifications of subsequent operational changes via their account email.
Looking back at the history of this shutdown, BitMEX first released an announcement on July 23, stating that it would officially stop operations after two months. After a two-month transition period, this once-leading crypto derivatives trading platform today bids farewell to the crypto market stage.
In summary, BitMEX’s official curtain call as the world’s first to launch a cryptocurrency perpetual contracts platform, in a sense, also marks a new chapter in the era of the crypto industry.
While its closure is an unfortunate move driven by regulatory pressure and poor operations, it also reflects the inevitable trend of the crypto industry moving from wild growth toward compliance.
For users, withdrawing assets in a timely manner is the top priority. For the industry, rising compliance barriers will speed up market reshuffling, and market resources are accelerating their shift toward leading platforms.
#BitMEX关闭
On September 23, according to BitMEX’s latest official X post, the exchange officially ceased operations at 04:00 UTC on September 23, 2026. User funds are currently completely safe, and login and withdrawal functions remain available.
BitMEX also advises existing users to withdraw their remaining withdrawable balances as soon as possible. Withdrawals can be made via the BitMEX web platform. Please note that the exchange’s deposit function has been synchronised and shut down, and users should not send any funds to BitMEX addresses.
With the exchange ceasing operations, the account fee policy takes effect immediately. Going forward, for users who have completed KYC verification, the exchange balance will incur a monthly fee calculated at an annual interest rate of 19% or a USD equivalent of $50 (whichever is higher).
To ensure users can withdraw smoothly, the platform is rolling out security measures in phases, including simplifying website experience, KYC updates, and a cooling-off period. It will also send users detailed withdrawal instructions and notifications of subsequent operational changes via their account email.
Looking back at the history of this shutdown, BitMEX first released an announcement on July 23, stating that it would officially stop operations after two months. After a two-month transition period, this once-leading crypto derivatives trading platform today bids farewell to the crypto market stage.
In summary, BitMEX’s official curtain call as the world’s first to launch a cryptocurrency perpetual contracts platform, in a sense, also marks a new chapter in the era of the crypto industry.
While its closure is an unfortunate move driven by regulatory pressure and poor operations, it also reflects the inevitable trend of the crypto industry moving from wild growth toward compliance.
For users, withdrawing assets in a timely manner is the top priority. For the industry, rising compliance barriers will speed up market reshuffling, and market resources are accelerating their shift toward leading platforms.
#BitMEX关闭
