BitMEX Is Shutting Down on September 23
BitMEX Is Shutting Down on September 23 BitMEX, the exchange that pioneered the crypto perpetual swap, will cease all operations on September 23, 2026, following a strategic review by parent HDR Global Trading. New sign-ups are already closed. From August 26, users can only reduce positions, and anything still open at shutdown will be force-liquidated. KYC-verified users must withdraw beforehand or face a monthly account fee of $50 or 1% of the balance. Launched in 2014 and built around Bitcoin, BitMEX defined an era of crypto leverage before a 2021 US settlement and years of fading volume.…
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