BitMEX Exchange to Shut Down in September 2026 After 11 Years, Delists 65 Trading Pairs
TLDR
- BitMEX will shut down on September 23, 2026, ending an 11-year run
- The exchange delisted 65 derivative contracts and trading pairs in July alone
- New account registrations have been halted immediately
- Users must withdraw funds before the deadline or face a $50 monthly fee or 1% annual levy
- BitMEX pioneered the 100x leverage perpetual swap but lost ground to larger rivals
BitMEX, the crypto derivatives exchange that invented the perpetual swap, is closing its doors on September 23, 2026. The platform has urged all users to close positions and withdraw funds as soon as possible.
Dear BitMEX Users,
Today, we share with a very heavy heart that BitMEX exchange will shut down its operations, effective 23 September 2026 at 04:00:00 UTC.
The owner and operator of BitMEX, HDR Global Trading Limited, has made the difficult decision to close operations… pic.twitter.com/oWuqlh547f
— BitMEX (@BitMEX) July 23, 2026
The exchange announced the shutdown following a strategic review by its parent company, HDR Global Trading Limited. No specific reason was given for the closure beyond that review and a look at the broader crypto industry.
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