BitMEX to Close on September 23, Halts New Sign-Ups

DECRYPT ·

Crypto derivatives exchange BitMEX said Thursday it will shut down on September 23, 2026, and has already stopped new account registrations. The company cited a strategic review of the business and the wider crypto industry as being behind the decision. BitMEX urged users to close positions and withdraw funds before the deadline. BitMEX, one of crypto's oldest derivatives venues, is shutting down. The platform will cease operations on September 23 at 04:00 UTC, its operator, HDR Global Trading, said Thursday , pinning the decision on a “strategic review of the business and the broader industry.” New account sign-ups have already been halted. The move, BitMEX said, "comes with a heavy heart." Today, we share with a very heavy heart that BitMEX exchange will shut down its operations, effective 23 September 2026 at 04:00:00 UTC. The owner and operator of BitMEX, HDR Global Trading Limited, has made the difficult decision to close operations… pic.twitter.com/oWuqlh547f

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Cryptocurrency derivatives exchange BitMEX announced its official shutdown on September 23 and immediately suspended new user registrations. This measure signifies the exit of a major platform that once led the crypto market, serving as a signal for industry-wide restructuring. Investors are rushing to reorganize their portfolios by moving assets to safer locations to prepare against exchange risks.

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