BitMEX Shutdown September 23: Final Withdrawal and API Checklist

Quick answer: BitMEX will end exchange trading on September 23, 2026 at 04:00 UTC. Users do not lose account access at that moment, but remaining open positions are scheduled to be force-closed and post-closure accounts become withdrawal-focused. With the deadline close, verify balances, withdrawal networks, API dependencies and account records now.

What changes at the September 23 closure time

BitMEX says all remaining open positions will be immediately force-closed at 04:00 UTC and exchange trading services will cease. Users can still log in afterward to view balances and transaction history and to withdraw funds. The practical risk is not that the website instantly disappears, but that users lose control over trade exit timing and may face a more restricted withdrawal workflow.

Withdrawal checklist before the shutdown

1. Review every wallet balance and open position.
2. Confirm the destination wallet supports the exact asset and network.
3. Make a small test transfer when practical.
4. Export transaction and trade history before the interface changes.
5. Do not send new deposits close to or after the closure time.

If you still have open positions, waiting until the deadline means BitMEX may determine the settlement process rather than you choosing your own exit.

API users have a second deadline

BitMEX says general exchange API connections shut down at the closure, while API withdrawals are scheduled to remain available only until September 28 at 04:00 UTC. Institutional users relying on Fireblocks, Copper or automated withdrawal workflows should not assume those integrations will continue indefinitely. After that date, withdrawals are expected to require the website.

USDT, USDC and ETH network choices will narrow

BitMEX says asset fungibility will be removed on September 28. USDT, USDC and ETH will then be held and available for withdrawal only on Ethereum. Users who prefer another supported network should review available routes before the change and verify the receiving platform's network support.

Fees and small balances after closure

BitMEX says KYC-verified balances left after the closure can incur an account fee charged monthly, described as 1% per annum or the equivalent of $50, whichever is greater under the stated terms. Small balances can also be affected by minimum withdrawal thresholds. Check the live withdrawal screen rather than relying on an old fee table.

Watch for shutdown phishing

Exchange closures create ideal conditions for fake support messages. BitMEX specifically warns about phishing and says there is no priority or expedited withdrawal service. Do not give anyone a seed phrase, password or 2FA code, and do not install remote-access software for supposed withdrawal help.

Official source

Read the current BitMEX closure FAQ before acting because operational details can change.

FAQ

Can I withdraw after BitMEX closes?

Yes. BitMEX says users can still log in after September 23 to withdraw, although access becomes restricted.

What happens to open positions?

Remaining positions at the closure time are scheduled to be force-closed.

When do API withdrawals end?

BitMEX says September 28, 2026 at 04:00 UTC.

Is there a fast withdrawal service?

No. Treat such offers as potential phishing.

Informational only, not investment advice. Verify all deadlines, networks and withdrawal details with BitMEX before moving assets.