⚖️ BitMEX Closing September 23: Withdrawal Deadline Approaches
BitMEX has announced a permanent shutdown on September 23, 2026 at 04:00 UTC. Users must withdraw all funds and close positions before that hard deadline or face forced liquidations and account fees.
The platform stops new registrations immediately. Starting August 26, 2026 at 04:00 UTC, trading shifts to reduce-only mode—no new positions allowed. Any open positions remaining at closure will be force-closed by the exchange. KYC-verified users who fail to withdraw in time face a monthly account fee of $50 or 1% per annum, whichever is greater.
The safe path: close or reduce positions now, run a small test withdrawal, then move assets to self-custody or another exchange. Use limit orders to unwind gradually, verify deposit networks carefully, and avoid phishing scams during the wind-down. Don't wait until the final week—liquidity thins and queues form.
📰 Source: CryptoDaily
#BitMEX #Crypto #Withdrawal #Exchange #Security
July 24, 2026 158 1
