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BitMEX Shuts Down Trading After More Than 11 Years

BitMEX has ended exchange operations after more than 11 years, while withdrawals remain open. The crypto derivatives platform is urging users to remove their funds following the shutdown.

Cointelegraph 22 unique views
BitMEX Shuts Down Trading After More Than 11 Years

BitMEX has formally ended its exchange operations after more than 11 years, according to Cointelegraph. The crypto derivatives platform has stopped trading but continues to keep withdrawals available, allowing users to remove funds from their accounts. BitMEX is urging customers to withdraw their assets following the closure. The development marks the end of the platform’s operations as an active crypto trading venue, while the ongoing withdrawal window remains the key point for users with balances on the exchange. No further details on the closure were provided in the supplied report.

Source Cointelegraph Written by Moneyiar based on reporting from the cited source and Moneyiar market data.
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