BitMEX Announces Shutdown of Trading Platform by September 23, 2026
BitMEX, one of the pioneers in the cryptocurrency industry, has announced that it will permanently shut down its trading platform by September 23, 2026. This decision comes after over 11 years of operations and a significant loss of market share.
The exchange's closure has left many crypto industry participants stunned, with users displaying mixed reactions to the news.
BitMEX is urging users to close all open positions and withdraw their funds as soon as possible. This move could have far-reaching consequences for derivatives liquidity and may reshape the centralized exchange (CEX) landscape.