BitMEX, the crypto derivatives exchange co-founded by Arthur Hayes in 2014, has announced it will shut down operations on September 23. The platform urges users to close their positions and withdraw funds:
- New account registrations have been halted, and open contracts will be forcibly closed:
- Users who do not withdraw by the deadline will incur maintenance fees:
BitMEX, which has led the crypto market for 11 years, is now ceasing operations:
This decision comes after a strategic review by the company, and it encourages users to withdraw their funds as soon as possible:
BitMEX, known for inventing the 100x leverage perpetual swap, was founded by Arthur Hayes, Ben Delo, and Samuel Reed in 2014:
