# 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.

- Published: 2026-07-24T05:23:58.626Z
- Canonical: https://polylog.news/crypto/2026-07-24/bitmex-to-shut-down-after-more-than-11-years-giving-users-tw
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [CryptoSlate](https://cryptoslate.com/bitmex-shutdown-announcement-gives-users-2-months-to-withdraw-but-active-positions-face-an-earlier-deadline/), [Polylog editors](https://polylog.news)

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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