#closeposition
closeposition
1,358 views
12 Discussing
Hot
Latest
#BitMEXToCloseExchangeSep23 💀 BitMEX is closing on September 23. The era of 100x leverage is coming to an end!
One of the oldest crypto exchanges, a pioneer of perpetual futures and 100x leverage, has officially announced its closure. Trading will stop on September 23, 2026 at 04:00 UTC. New account registration has already been halted.
Key dates:
· August 26 — ban on opening new positions (only closing/reducing)
· September 23 — forced closure of all remaining positions
Clients’ assets are safe, but if you don’t withdraw in time, there will be a $50 fee or 1% per year (charged monthly).
Why is it closing? The exchange searched for a buyer for more than a year, but the deal never happened. After 2020, its market share fell from 53% to a record low, and in 2024 BitMEX admitted wrongdoing for violating the Bank Secrecy Act and received a $100 million fine.
4 coins that may be affected:
1. Bitcoin ($BTC) — the main asset on BitMEX
2. Ethereum ($ETH ) — second by volume
3. Solana ($SOL ) — an active altcoin in derivatives
4. Chainlink ($LINK ) — a benchmark for oracles
If you have funds on BitMEX — withdraw now!
🔥 Do you think BitMEX leaving the market will weaken or strengthen it? Let us know in the comments!
Subscribe so you don’t miss important market news!
#BitMEX #crypto #closeposition
One of the oldest crypto exchanges, a pioneer of perpetual futures and 100x leverage, has officially announced its closure. Trading will stop on September 23, 2026 at 04:00 UTC. New account registration has already been halted.
Key dates:
· August 26 — ban on opening new positions (only closing/reducing)
· September 23 — forced closure of all remaining positions
Clients’ assets are safe, but if you don’t withdraw in time, there will be a $50 fee or 1% per year (charged monthly).
Why is it closing? The exchange searched for a buyer for more than a year, but the deal never happened. After 2020, its market share fell from 53% to a record low, and in 2024 BitMEX admitted wrongdoing for violating the Bank Secrecy Act and received a $100 million fine.
4 coins that may be affected:
1. Bitcoin ($BTC) — the main asset on BitMEX
2. Ethereum ($ETH ) — second by volume
3. Solana ($SOL ) — an active altcoin in derivatives
4. Chainlink ($LINK ) — a benchmark for oracles
If you have funds on BitMEX — withdraw now!
🔥 Do you think BitMEX leaving the market will weaken or strengthen it? Let us know in the comments!
Subscribe so you don’t miss important market news!
#BitMEX #crypto #closeposition
Log in to explore more content