BitMEX Announces Termination of Exchange Operations, Retains Login and Withdrawal Features

TechFlow reports that on September 23, BitMEX announced its exchange operations officially ceased on September 23, 2026, at 04:00 UTC. The platform currently still supports login and withdrawals, and urges users to withdraw their available balances as soon as possible. BitMEX stated that deposits will no longer be credited, and users should not continue to transfer funds to the platform's addresses; for balances remaining on the platform, fully verified users will be charged an annual fee of 1% or $50 USD equivalent (whichever is higher), billed monthly. The platform will also phase in security measures such as identity verification updates and withdrawal cooling-off periods.