BitMEX to Shut Down After 12 Years, Ending an Era for Crypto Derivatives

TL;DR BitMEX will permanently close on September 23 and has stopped accepting new user registrations. The exchange introduced the crypto industry’s first perpetual swap in 2016. Regulatory actions against its founders and rising competition contributed to its decline. Users have until the shutdown date to close positions and withdraw their assets. BitMEX, one of the [...]

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