BitMEX has stopped being an exchange. trading and deposits ended at 04:00 UTC on September 23, the date HDR Global set back on July 23 after a strategic review. users can still log in and pull funds. anything sent to a BitMEX deposit address after that cutoff will not show up in the wallet and will not be recoverable. this was the venue that helped create the perpetual swap in 2016 and ran that product for 11 years. volume migrated to Binance, Bybit and Hyperliquid, where perp DEX open interest alone just printed $19 billion. the founders were pardoned last year. the exchange still could not keep the flow. open positions were force-closed at the cutoff. API withdrawals, including Fireblocks and Copper, end on September 28, so after that the only door is the website. KYC accounts that leave a balance will pay a monthly fee of 1% a year or $50, whichever is higher. so BitMEX is closed for trading and open for withdrawals. take the coins off before the fee starts compounding. the address is no longer a market. #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?# $BTC $ETH #Macro Insights#
