Question 1

When exactly does BitMEX shut down?

Accepted Answer

The exchange stops operating at 04:00 UTC on September 23, 2026, though new position openings end earlier, at 04:00 UTC on August 26.

Question 2

What happens if I leave my crypto on BitMEX after it closes?

Accepted Answer

KYC-verified users who do not withdraw by the deadline will be charged a monthly fee of $50 or 1% per year, whichever is greater, on their remaining balance, and they can still log in to withdraw afterward.

Question 3

Why is BitMEX closing?

Accepted Answer

HDR Global Trading Limited's board decided to shut the exchange after a strategic review, following a failed search for a buyer and years of decline that saw BitMEX lose its derivatives lead to rivals such as Binance, Bybit, and OKX.

BMEX

BitMEX to shut down after failing to land buyer

One sharp brief.
Every day.

BMEX

BitMEX to shut down after failing to land buyer

One sharp brief.Every day.

One sharp brief.
Every day.