Morning Edition · Friday, July 24, 2026Published at 1:23 AM EDT · New York
BitMEX to Shut Down After More Than 11 Years, Giving Users Two Months to Withdraw
The derivatives exchange will halt services on September 23, with reduce-only trading from August 26 and possible forced closes before then.

BitMEX, one of the earliest crypto derivatives venues, announced it will cease operations after more than 11 years, closing permanently on September 23, 2026 following a strategic review. Reduce-only trading, meaning traders can shrink but…
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