BitMEX Closes on September 23: The Deadlines That Now Apply to Your Balance
If you still have a balance or an open position at BitMEX, four cut-off dates now apply to you. On August 26 at 04:00 UTC the operator imposes risk limits under which you can no longer open new positions and can only reduce existing ones. On September 2 at 12:00 UTC eleven perpetual swaps are settled early. On September 23 at 04:00 UTC the exchange ceases operations. After that you can still reach your balance, but you pay a monthly account fee for it. All four dates appear in the company's own notices, and all four are hard.
The Four BitMEX Closure Deadlines at a Glance
BitMEX announced the closure on July 23, 2026. Since then a staged wind-down has been running, which the operator itself describes as an orderly retreat. This overview summarises what happens on which date and what you should have dealt with by then.
| Date (UTC) | What happens | What it means for you |
|---|---|---|
| August 26, 2026, 04:00 | Risk limits take effect, no new positions possible | From now on you can only reduce or close positions |
| September 2, 2026, 04:00 and 12:00 | Eleven perpetual swaps are settled early | Open orders are cancelled, positions closed automatically |
| September 23, 2026, 04:00 | Closure Time: trading ends completely | Remaining positions are force-closed |
| after September 23, 2026 | Account access and withdrawals only | Account fee for everyone who leaves a balance behind |
The operator cites a strategic review as the reason: after reviewing the business and the wider crypto industry, the board of HDR Global Trading Limited, the owner and operator of the platform, decided on the closure. The exchange has not accepted new accounts since the announcement. We described how the end of a trading venue plays out in detail on July 23, 2026 in the article BitMEX shuts up shop: crypto exchange ends all operations after eleven years.
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