BitMEX Closure: How to Withdraw Funds Before September 23

If you’ve still got funds or open positions on BitMEX, the clock is ticking. The exchange has announced it’s shutting down, and there’s a firm deadline. This guide walks you through what to do today, how to exit cleanly, and what happens if you wait too long.

I’ll keep it straight and practical: clear steps, real dates, and the gotchas that trip people up during exchange wind-downs. No hype. Just the safest path off the platform before the doors close.

Withdraw all assets and close or reduce any open positions well before September 23, 2026 at 04:00 UTC. BitMEX has said it will stop new registrations immediately, switch to reduce-only trading ahead of shutdown, and force-close remaining positions at the closure time. Expect stricter risk limits during the wind‑down and a fee for balances left behind.

• Closure Time: September 23, 2026 at 04:00 UTC (BitMEX).
• Reduce-only from August 26, 2026 at 04:00 UTC; no new positions after that (BitMEX).
• Any positions left at the deadline will be force-closed; some may be closed earlier to manage risk (BitMEX).
• KYC-verified users who don’t withdraw in time face a monthly account fee of $50 or 1% per annum, whichever is greater (BitMEX).

What’s the timeline and what changes when?

BitMEX announced on July 23, 2026 that it will permanently close on September 23, 2026 at 04:00:00 UTC. That’s the hard stop for trading and the time they plan to force-close anything that’s still open (BitMEX).

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