The crypto derivatives pioneer BitMEX has permanently closed its trading platform, ending a two-month wind-down period and urging all remaining users to withdraw funds to avoid mounting account maintenance fees.
BitMEX, a major crypto derivatives exchange, has permanently ceased all trading operations, affecting traders and the broader crypto ecosystem.
BitMEX has officially shuttered its exchange operations, marking the end of a platform that pioneered the perpetual swap. Users are now required to withdraw remaining balances, as the company implements monthly maintenance fees for inactive accounts to encourage a swift exit.
Users should withdraw their remaining balances immediately, as deposits are no longer accepted and inactive accounts are now subject to a monthly maintenance fee.