BitMEX Ceases Trading After 11 Years, Withdrawals Still Available

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BitMEX, the cryptocurrency exchange co-founded by Arthur Hayes, has officially shut down operations after 11 years in business. The platform has halted all trading activity and suspended new deposits as part of its wind-down process. BitMEX is credited as a pioneer of perpetual futures contracts in the crypto industry. Users who still hold funds on the platform retain the ability to log in and withdraw their assets during the ongoing closure.

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