CoinDesk·3 min read·medium
BitMEX, the exchange that invented perps, is shutting down
O
Olivier Acuna
✦AI Summary
BitMEX, a pioneering cryptocurrency derivatives exchange, is shutting down its operations by September 2026. The platform is encouraging users to withdraw funds to avoid maintenance fees as it winds down after an 11-year history.
“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 platform told users. “From today, we strongly encourage all users to close their positions and withdraw their funds as soon as convenient.”
cryptobusinesseconomy
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