BitMEX ends crypto trading, keeps withdrawals open after closure
60-second summary
BitMEX shuts down its crypto derivatives exchange after more than 11 years, ceasing all trading while keeping withdrawals active and urging users to move their funds. The platform will no longer accept new positions, and its API and order books are disabled. This closure reduces market liquidity for perpetual contracts, prompting traders to shift to rival exchanges.
BitMEX officially ended exchange operations after more than 11 years, while withdrawals remain open as the crypto derivatives platform urges users to remove their funds.