BitMEX to Shut Down Crypto Derivatives Trading Platform

BitMEX, one of the pioneering cryptocurrency derivatives trading platforms, has announced its decision to shut down operations on September 23, 2026. The company's owner and operator, HDR Global Trading Limited, conducted a strategic review that led to this decision.

During its 11-year history, BitMEX helped popularize perpetual swap contracts, allowing traders to speculate on asset prices without expiration dates. The platform has maintained an impressive record of no customer funds lost to hacks during its operation.

In a statement to users, BitMEX assured them that their assets remain safe and under their control during the transition period. Users are advised to close positions and withdraw funds before the shutdown date.