BitMEX

CEX • Seychelles
Launch year
2014

BitMEX Overview

Name
BitMEX
Primary Vertical
CEX
Region
Seychelles
Launch year
2014
KYC
Yes
Staking
No
Copy Trading
No
Derivatives
No
Proof of Reserves
No
Website
bitmex.com

Additional details

Languages
English
Supported Cryptos
  • Bitcoin

BitMEX About

Updated

Exchange closed — 23 September 2026

BitMEX ceased exchange operations on 23 September 2026. Trading, deposits and new positions are no longer available. Its official closure notice confirms the shutdown, and its help centre dates the end of trading to 04:00 UTC.

According to BitMEX’s wind-down guidance, account login and withdrawals of available balances remain accessible, subject to applicable verification, minimum withdrawal thresholds and account requirements. Remaining balances may be subject to account fees. Users should consult BitMEX’s current instructions and account communications. This profile does not verify any individual account’s withdrawal eligibility or fund availability.

Historical profile: The trading products, features and services described below relate to BitMEX before closure and are retained for reference, not as currently available trading services.

Withdrawals and account access

BitMEX’s current compliance guidance requires full identity verification before remaining available funds can be withdrawn. Previously verified customers may be asked to verify again. No new account registration or trading service is available. The current support portal is in English.

The September 2026 policy lifted former trading restrictions for customers in the United States, Canada, Hong Kong, Bermuda, Seychelles and Myanmar solely to allow eligible withdrawals. Sanctions screening and regional exceptions still apply. CryptoSlate covered this withdrawal-only access change; it did not reopen trading. Users should check the current jurisdiction policy for their circumstances.

History and former services

BitMEX launched in 2014. Its founders were Arthur Hayes, Ben Delo and Samuel Reed. HDR Global Trading Limited is the Seychelles-incorporated owner and operator identified in its closure and legal notices.

Before closure, BitMEX offered cryptocurrency perpetual swaps, futures and leveraged trading, together with trading APIs and research. These services and historical product references do not describe a currently operating exchange. Höptner is a former CEO; the founders’ former executive titles should likewise not be read as current operating appointments. Current wind-down management and continuing board affiliations have not been established here.

The July 2026 closure announcement referred to the platform’s proofs of reserves and liabilities. An actual current reserve assessment and its scope were not established in this review, so this historical statement should not be treated as an independently verified assurance of any customer’s present balance or withdrawal outcome.

BitMEX Features

Historical features: trading ceased on 23 September 2026.

  • Cryptocurrency perpetual swaps, futures and leveraged trading.
  • Trading APIs and tools for automated execution and market analysis.

These former features are retained as historical context. Current account access is limited to wind-down functions and eligible withdrawals, subject to verification and applicable restrictions.

BitMEX Services

Historical services: exchange operations have ceased. BitMEX formerly offered a digital asset derivatives trading platform and published technical and market research.

Current wind-down support: Existing customers can use the official account and support channels for eligible withdrawals, account queries and complaints. New trading accounts and deposits are unavailable.

BitMEX Team

Current team

2 profiles

Samuel Reed

Co-founder; former CTO

Former team

2 profiles

BitMEX News

More BitMEX News

BitMEX Support