BitMEX halts all trading and deposit activity, marking the end of operations for the once-dominant crypto derivatives exchange as it initiates a full platform wind-down.
BitMEX, a major crypto derivatives exchange, is shutting down, which may reduce liquidity and confidence in the crypto perpetuals market.
Crypto derivatives exchange BitMEX has officially ceased trading and deposit operations. Co-founded by Arthur Hayes, the platform is now transitioning into a wind-down phase, though users retain the ability to log in and withdraw remaining funds.
Yes, while trading and deposits are disabled, the platform remains operational for users to log in and withdraw their assets.