BitMEX - Revision history

NotATether: BitMEX has closed

2026-09-22T06:34:52Z

BitMEX has closed

← Older revision		Revision as of 06:34, 22 September 2026
Line 8:		Line 8:
	}}		}}
	'''BitMEX''' was a crypto derivatives trading platform operated in the '''HDR Global Trading''' group. On '''23 July 2026''' BitMEX announced it would close the exchange. Risk limits stopping new positions applied from '''26 August 2026 04:00 UTC''', with exchange services ending at '''23 September 2026 04:00 UTC''' (the Closure Time). New registrations stopped with the announcement. Users were told to withdraw remaining funds only through official BitMEX channels.<ref name="closure">[https://www.bitmex.com/blog/bitmex-closure BitMEX: Exchange to Sunset on 23 September at 04:00 UTC]</ref><ref name="faq">[https://support.bitmex.com/hc/en-gb/articles/38519921695645-BitMEX-closure-Important-dates-and-FAQ BitMEX Support FAQ: exchange closure]</ref>		'''BitMEX''' was a crypto derivatives trading platform operated in the '''HDR Global Trading''' group. On '''23 July 2026''' BitMEX announced it would close the exchange. Risk limits stopping new positions applied from '''26 August 2026 04:00 UTC''', with exchange services ending at '''23 September 2026 04:00 UTC''' (the Closure Time). New registrations stopped with the announcement. Users were told to withdraw remaining funds only through official BitMEX channels.<ref name="closure">[https://www.bitmex.com/blog/bitmex-closure BitMEX: Exchange to Sunset on 23 September at 04:00 UTC]</ref><ref name="faq">[https://support.bitmex.com/hc/en-gb/articles/38519921695645-BitMEX-closure-Important-dates-and-FAQ BitMEX Support FAQ: exchange closure]</ref>

	~~This title covers the wind-down and historical enforcement record. It is not a live marketing page for open trading.~~

	== History ==		== History ==
	~~BitMEX's closure post states the~~ platform started in '''2014''' with a mission to provide professional-grade crypto derivatives access. ~~The same post credits~~ BitMEX with inventing the high-leverage perpetual swap product later widely copied, and claims zero funds lost to hacks over more than eleven years of operation~~. Those are company claims from the closure materials~~.<ref name="closure" />		The platform started in '''2014''' with a mission to provide professional-grade crypto derivatives access. BitMEX is credited with inventing the high-leverage perpetual swap product later widely copied, and claims zero funds lost to hacks over more than eleven years of operation.<ref name="closure" />

	== Products ~~(historical)~~ ==		== Products ==
	BitMEX was known for crypto derivatives, especially high-leverage perpetual swaps and related futures-style contracts, aimed at professional and active traders. Exact contract specs, leverage caps, and geographic access rules changed over the platform's life and are not inventoried here from secondary sources.<ref name="closure" />		BitMEX was known for crypto derivatives, especially high-leverage perpetual swaps and related futures-style contracts, aimed at professional and active traders. Exact contract specs, leverage caps, and geographic access rules changed over the platform's life and are not inventoried here from secondary sources.<ref name="closure" />

Line 36:		Line 34:
	BitMEX warns users about phishing and fake "priority withdrawal" scams during the wind-down.<ref name="closure" />		BitMEX warns users about phishing and fake "priority withdrawal" scams during the wind-down.<ref name="closure" />

	== Enforcement history ~~(selected)~~ ==		== Enforcement history ==
	In '''August 2021''', BitMEX entities settled CFTC civil charges (Press Release 8412-21), including a '''$100 million''' civil monetary penalty matter often summarized from that action~~. That settlement is historical enforcement, not a description of current trading status~~.<ref name="cftc">[https://www.cftc.gov/PressRoom/PressReleases/8412-21 CFTC Press Release 8412-21]</ref>		In '''August 2021''', BitMEX entities settled CFTC civil charges (Press Release 8412-21), including a '''$100 million''' civil monetary penalty matter often summarized from that action.<ref name="cftc">[https://www.cftc.gov/PressRoom/PressReleases/8412-21 CFTC Press Release 8412-21]</ref>

	Separately, U.S. Department of Justice materials describe Bank Secrecy Act plea proceedings involving BitMEX founders and executives and a related entity plea by the exchange.<ref name="doj">[https://www.justice.gov/usao-sdny/pr/global-cryptocurrency-exchange-bitmex-pleads-guilty-bank-secrecy-act-offense DOJ: BitMEX BSA guilty plea]</ref>		Separately, U.S. Department of Justice materials describe Bank Secrecy Act plea proceedings involving BitMEX founders and executives and a related entity plea by the exchange.<ref name="doj">[https://www.justice.gov/usao-sdny/pr/global-cryptocurrency-exchange-bitmex-pleads-guilty-bank-secrecy-act-offense DOJ: BitMEX BSA guilty plea]</ref>

NotATether: Replace BitMEX: wind-down 23 Jul / 26 Aug / 23 Sep 2026 Closure Time, CFTC 8412-21, DOJ BSA entity plea, Defunct exchanges/companies, drop ambox.

2026-09-21T13:51:22Z

Replace BitMEX: wind-down 23 Jul / 26 Aug / 23 Sep 2026 Closure Time, CFTC 8412-21, DOJ BSA entity plea, Defunct exchanges/companies, drop ambox.

@@ Line 1: / Line 1: @@
-BitMEX is a P2P crypto-products trading platform.
+{{Infobox company
-BitMEX and the mobile apps issued under BMEX are wholly owned and operated by HDR Global Trading Limited, a Republic of Seychelles incorporated entity or its relevant authorized affiliates.
+This title covers the wind-down and historical enforcement record. It is not a live marketing page for open trading.
-Cryptocurrency charts by TradingView.
+== History ==
-BitMEX is wholly owned by HDR Global Trading Limited, a Republic of Seychelles incorporated entity.
+== Products (historical) ==
-==External links==
+== Wind-down timeline ==
-*[https://www.bitmex.com/ BitMEX website]
+{| class="wikitable"
-==References==
+After Closure Time, BitMEX states users can still log in to see balances and history and can withdraw. The announcement describes post-closure account fees for KYC'd users who leave assets on the platform (stated starting at 1% per annum charged monthly, or a USD 50 equivalent floor for small balances, with possible later increases communicated in advance).<ref name="closure" />
-[[Category:Exchanges]]
+BitMEX warns users about phishing and fake "priority withdrawal" scams during the wind-down.<ref name="closure" />

WikiR: Removed promotional affiliate link per external-links guidelines.

2025-12-04T16:07:56Z

Removed promotional affiliate link per external-links guidelines.

← Older revision		Revision as of 16:07, 4 December 2025
Line 8:		Line 8:

	==External links==		==External links==
	*[https://www.bitmex.com/~~register/Omx0hx~~ BitMEX website]		*[https://www.bitmex.com/ BitMEX website]

	==References==		==References==

Cryptopancakes at 12:14, 9 September 2018

2018-09-09T12:14:20Z

← Older revision		Revision as of 12:14, 9 September 2018
Line 1:		Line 1:
	BitMEX ~~- Bitcoin Mercantile Exchange~~ is a ~~cryptocurrency derivatives~~ trading platform.		BitMEX is a P2P crypto-products trading platform.

			BitMEX and the mobile apps issued under BMEX are wholly owned and operated by HDR Global Trading Limited, a Republic of Seychelles incorporated entity or its relevant authorized affiliates.

			Cryptocurrency charts by TradingView.

	BitMEX is wholly owned by HDR Global Trading Limited, a Republic of Seychelles incorporated entity.		BitMEX is wholly owned by HDR Global Trading Limited, a Republic of Seychelles incorporated entity.

Cryptopancakes at 12:05, 9 September 2018

2018-09-09T12:05:50Z

← Older revision		Revision as of 12:05, 9 September 2018
Line 4:		Line 4:

	==External links==		==External links==
	*[https://bitmex.com/ BitMEX website]		*[https://www.bitmex.com/register/Omx0hx BitMEX website]

	==References==		==References==

Davidhedlund at 15:14, 9 June 2017

2017-06-09T15:14:20Z

← Older revision		Revision as of 15:14, 9 June 2017
Line 2:		Line 2:

	BitMEX is wholly owned by HDR Global Trading Limited, a Republic of Seychelles incorporated entity.		BitMEX is wholly owned by HDR Global Trading Limited, a Republic of Seychelles incorporated entity.

			==External links==
			*[https://bitmex.com/ BitMEX website]

			==References==
			<references/>

			[[Category:Exchanges]]

Davidhedlund: Created page with "BitMEX - Bitcoin Mercantile Exchange is a cryptocurrency derivatives trading platform. BitMEX is wholly owned by HDR Global Trading Limited, a Republic of Seychelles incorpor..."

2017-06-09T15:13:43Z

Created page with "BitMEX - Bitcoin Mercantile Exchange is a cryptocurrency derivatives trading platform. BitMEX is wholly owned by HDR Global Trading Limited, a Republic of Seychelles incorpor..."

New page

BitMEX - Bitcoin Mercantile Exchange is a cryptocurrency derivatives trading platform.

BitMEX is wholly owned by HDR Global Trading Limited, a Republic of Seychelles incorporated entity.