BitMEX

Trust is the real collateral in crypto. That’s where our next partner spotlight Zodia Custody comes in. Through their Interchange network, institutional traders on BitMEX were able to access deep derivatives liquidity without pre-funding exchange accounts. Assets remained in bank-grade, cold custody throughout the trading lifecycle - eliminating exchange concentration risk while maintaining execution performance. Thank you to the Zodia Custody team for helping build a safer trading ecosystem 🤝 🔗 https://zodia-custody.com

Today, 23 September 2026 at 04:00 UTC, BitMEX has ceased its trading operations, as announced on 23 July 2026. All remaining open positions were force-closed at 04:00 UTC, and trading, deposits, and new position openings are no longer available on the platform. Login and withdrawal capabilities remain available, and your funds remain completely safe. We strongly encourage all users to withdraw their remaining withdrawable balances as soon as possible. Key reminders: 🔹 Withdrawals remain open via the BitMEX web platform.  🔹 Deposits are no longer credited. Please do not send further funds to BitMEX addresses.  🔹 Account fees now apply to balances left on the exchange (1% p.a. or USD 50 equivalent, whichever is greater, charged monthly for KYC'd users).  🔹 Security measures, including a simplified website experience, KYC refresh, and cooldown periods, are rolling out in stages to protect users during withdrawal. Read more about the closure here 👇  https://lnkd.in/eiAVtNAN Read more about today’s announcement here 👇 https://lnkd.in/guVrRqrz Please check your account e-mail inbox for withdrawal instructions and upcoming operational changes. To everyone who has traded, supported, and grown alongside us - thank you for your trust over the last 11 years. It has been an honour building the platform that helped define crypto derivatives trading.

Continuing our partner spotlight series with the foundation behind it all: Fireblocks Behind every trade is an infrastructure layer keeping your assets safe, and your on-chain transfers instant, and your execution reliable. As we expanded our offerings beyond XBT perpetuals into spot trading and brokerage services, Fireblocks provided the high-security custody foundation that enabled our multi-asset secure custody. They truly set the gold standard for crypto custody infrastructure. Thank you to the team at Fireblocks for the continued partnership 🤝 🔗 https://www.fireblocks.com

Celebrating a decade of crypto history with our next partner spotlight: HaasOnline Software BV. Both HassOnline and BitMEX were founded back in 2014. They were engineering automated trading bots before crypto botting was even a recognised category—bringing no-code execution, pre-built strategies, and native perpetual support to everyday traders. A full decade of navigating the exact same market cycles, bull runs, and historic volatility side by side. One OG recognising another. There is truly no better way to close out than alongside you. 🤝 🔗https://haasonline.com/

Juggling a dozen exchange tabs just to manage your positions is an easy way to miss trades and make costly errors. That’s why we’re excited to highlight our latest partner spotlight: Tealstreet They’ve built an all-in-one terminal connecting 25+ exchanges into a single interface, bringing pro-grade execution tools directly to active traders with zero subscriptions and local API key security. A massive thank you to the Tealstreet team for constantly innovating and supporting our trading community 🫶 🔗 https://www.tealstreet.io/

Our partner spotlight continues with CCXT. CCXT is the underlying infrastructure that quants, developers, and data scientists rely on to trade seamlessly across more than 100 exchanges. Market data, order execution, and strategy development — all unified through a single API. If you have ever deployed an algorithmic strategy in this space, chances are CCXT built the path. As part of our partner series, we want to thank the CCXT team for continuing to make global markets accessible to every builder. 🔗 https://ccxt.com

What good is profit if you can't spend it? Meet our next partner spotlight: DPT — allowing you to spend your #USDT and #USDC anywhere Visa is accepted, all backed by segregated BitGo custody insured up to $250M. Whether you want to off-ramp your stablecoins or put them to work with up to 9% APY*, DPTPay bridges the gap between crypto and real-world spending. Thank you for making crypto actually spendable 🤝 New users also receive a $5 spending credit upon signup 🔗 https://dpt.xyz/download/     *Terms apply.

As BitMEX closes its doors, we're taking a moment to recognise the partners who helped us build and protect everything we created over the past decade. We want to give a massive shoutout to Damon Ashcraft and Gabrielle Morlock at Snell & Wilmer for all the incredible IP advice and support they've provided us with. In crypto, the best offence starts with a strong defence. Their strategic guidance ensured that everything we built stayed ours, giving us the confidence to keep innovating without looking over our shoulders. Thank you for helping us safeguard our innovations and for always having our backs 🫡

Dear BitMEX Users, Today, we share with a very heavy heart that BitMEX exchange will shut down its operations, effective 23 September 2026 at 04:00:00 UTC. The owner and operator of BitMEX, HDR Global Trading Limited, has made the difficult decision to close operations following a strategic review of the business. It may not look the same today, but we are proud of our 11+ year legacy and the role we played in shaping the crypto industry. We invented the 100x leverage perpetual swap, which for most of you, was the first step to your crypto trading journey. It is now the most traded financial product in the crypto industry, adopted by thousands of users and exchanges. And we remain proud of our robust security infrastructure, which has allowed us to maintain a flawless track record of 0 customer funds lost to hacks in our entire operating history. We want to reassure you that your assets remain fully safe and under your control during this transition period. This announcement is just to give enough time to ensure a smooth withdrawal process for everyone. From today we strongly encourage all users to close their positions and withdraw their funds as soon as convenient. For more details on the full process, please read our blog: https://lnkd.in/eiAVtNAN BitMEX was once home to some of the greatest traders today. Our team has dedicated tremendous effort and passion into building the platform into what it is, and we are glad to have reached some of you during your time with us. To everyone who has traded, supported, and grown alongside us - thank you for your trust over the last 11 years. The BitMEX Team

Most traders see a funding rate and react. The best traders ask why it exists — and position accordingly.    BitMEX's Q2 Derivatives Report breaks down three structural factors that cause the same asset to pay wildly different funding rates depending on where you trade it. Each one points to a trade you can put on today. 1️⃣ The collateral you use: Two Bitcoin perps on BitMEX. Same asset, different margin currency. The funding gap between XBTUSD and XBTUSDT has been exploitable 94% of the time over 3.5 years.     2️⃣ Which exchange you're on: Hyperliquid pays 7.17% more funding per year than Binance on the same BTC perpetual. Professional traders can't easily close the gap because onboarding a DEX at institutional scale is operationally restrictive. That friction is the trade.    3️⃣ How the price feed is built: Crude oil perps don't track spot. They track CME futures. When the curve rolls a certain way, funding swings to extremes that have nothing to do with oil's actual price. In April, WTIUSDT hit −531% annualised. The traders who understood why walked away with a ~70% gain in a single cycle. Funding rates are core to crypto trading – but for top traders, they're pure alpha. Full breakdown of the structural gaps and how you can exploit them in the report: https://lnkd.in/g5fdD6sC