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BitMEX officially shuts down exchange operations and enters wind-down

DevelopingCryptoExchange operationFirst tracked 2026-09-23Last changed 2026-09-24

Current outcome

BitMEX has reopened login, KYC and withdrawal access for customers in the US, Canada, Hong Kong, Bermuda, Seychelles and Myanmar — jurisdictions it had previously blocked — so they can recover balances after the platform ended trading operations, while sanctions restrictions and possible account fees for delayed withdrawals still apply.

Progress timeline

2 material updates
  1. #01
    Initial2026-09-23 10:24 · publication time

    BitMEX shuts down: perpetuals pioneer officially closes it doors after 11 years

    BitMEX, the perpetual-swap pioneer co-founded by Arthur Hayes, officially shut down trading and deposits after 11 years, keeping logins and withdrawals open as its wind-down continues.

    Source evidence: CoinDesk · Decrypt

  2. #02
    Response2026-09-24 13:30 · publication time

    BitMEX opens fund recovery to customers it previously barred from the platform

    BitMEX has reopened login, KYC and withdrawal access for customers in the US, Canada, Hong Kong, Bermuda, Seychelles and Myanmar — jurisdictions it had previously blocked — so they can recover balances after the platform ended trading operations, while sanctions restrictions and possible account fees for delayed withdrawals still apply.

    Source evidence: CryptoSlate

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