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Home›Crypto›Market Structure›BitMEX shuts down perpetuals, begins wind down after 1…

BitMEX shuts down perpetuals, begins wind down after 11 years

The exchange stopped trading and deposits, while users can still log in to withdraw funds during the wind-down process.

Reported · Written up by our desk · Market Structure

CoinDesk reports that BitMEX has shut down its perpetual swap trading, marking the end of the crypto derivatives platform after 11 years.

The outlet says the exchange stopped trading and deposits, but it also stated that customers can still log in and withdraw funds as the wind-down continues.

The platform is also progressing through its closure process, with access focused on withdrawals rather than new activity.

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Sources

CoinDeskBitMEX shuts down: perpetuals pioneer officially closes it doors after 11 years

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