BitMEX Shutdown: Key Dates and Precautions for Users
BitMEX's permanent closure and what users need to be aware of.
1BitMEX's Closure Decision
BitMEX operator HDR Global Trading Limited announced the permanent closure of the platform on September 23, 2026. This decision was made following a strategic review of the evolving crypto landscape. Users must pay attention to the specified deadlines to close positions and withdraw assets.
2BitMEX's Legacy
BitMEX left a significant legacy by inventing the 100x leveraged perpetual swap, which revolutionized the crypto derivatives market. This product transformed crypto trading and was widely adopted across the industry. The platform's closure has sparked widespread reactions in the crypto community.
3Deadlines for Users
BitMEX has outlined a strict timeline for users to settle their positions. Starting August 26, 2026, risk controls will be enforced, preventing new trades. On September 23, 2026, all remaining open positions will be forcibly closed.
4Forced Liquidation and Fees
BitMEX will gradually liquidate open positions. Funds left unwithdrawn after the final deadline will be subject to a monthly $50 or 1% annual account maintenance fee. Users should withdraw their funds in time to avoid these charges.
5Security Measures and Warnings
BitMEX warned users about potential scams and phishing attacks. The platform is applying additional security reviews to all withdrawal requests. Users should avoid unofficial services and ensure the safety of their funds.
6BitMEX's Security Record
BitMEX maintained a strong security record over its 11-year history, with no customer funds lost to security breaches. The platform reassured users with a proof-of-reserves audit, confirming that its assets exceed liabilities.
Original article: Bitcoin News — BitMEX Kapanıyor: Kullanıcılar İçin Son Tarihler ve Önlemler