BitMEX has announced it is shutting down. Here is what it means for your data and billing, and the live alternatives to move to.
Sunset announced · Jul 23, 2026
BitMEX has announced it is shutting down.
BitMEX is a crypto derivatives exchange launched in 2014 by Arthur Hayes and co-founders; it introduced the 100x leverage perpetual swap contract that became a standard product across the industry.
A shutdown deadline has been announced. Move your workflow before you lose access.
Close open positions and withdraw all funds before 23 September 2026, 04:00 UTC. From 26 August 2026, 04:00 UTC accounts enter reduction-only mode and the exchange will force-close remaining positions through the shutdown date. KYC-verified balances left after closure incur a monthly fee of USD 50 equivalent or 1% per annum, whichever is greater, so do not wait for the deadline; also download trade history for tax records while the site is still up.
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Where to go
Live alternatives only - each verified reachable as of Jul 29, 2026.
Bybit
large perpetual futures venue with high leverage, closest product overlap for BitMEX derivatives traders
Export a recent backup before access ends, and cancel any active subscription to stop further charges. Then reconnect your workflow to one of the live alternatives above.
What is the best alternative to BitMEX?
Consider Bybit, OKX, Binance - all live and verified Jul 29, 2026.
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