Decrypt·Sep 23, 2026, 5:31 PM UTC

Crypto Exchange That Invented 100x Leverage Is No More: Here’s What BitMEX Users Need to Know

6 outlets reporting

Your call?

100x

leverage offered

BitMEX ended trading at 04:00 UTC Wednesday and is urging users to withdraw their remaining funds, as fees now apply to balances left on the exchange.

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Cointelegraph ↗
BitMEX ends crypto trading, keeps withdrawals open after closure
CoinDesk ↗
BitMEX shuts down: perpetuals pioneer officially closes it doors after 11 years
Finance Magnates ↗
BitMEX Officially Shuts Today. Who Wins Its Users?
Unchained ↗
BitMEX Ends Its 11-Year Run and Puts a Monthly Fee on Balances Left Behind
CryptoSlate ↗
BitMEX opens fund recovery to customers it previously barred from the platform

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Crypto Exchange That Invented 100x Leverage Is No More: Here’s What BitMEX Users Need to Know

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