Summary
- Exchange Closed: Trading, deposits, and new positions have ended on BitMEX; users must withdraw remaining funds.
- Inactivity & Maintenance Fees: Verified accounts with remaining balances incur an account fee of 1% annualized or $50/month (whichever is greater) starting September 23, 2026.
- API Withdrawal Deadline: Automated API withdrawals (including Fireblocks and Copper) end on September 28, 2026, at 04:00 UTC; manual website withdrawals remain available thereafter.
- Network Changes: Post-September 28, withdrawals for USDT, USDC, and ETH will strictly support the Ethereum network only.
- No New Deposits: Deposits sent after September 23, 2026, at 04:00 UTC will not be credited and may be permanently lost.
- Security Notice: Access withdrawals via the official BitMEX website only; BitMEX will never ask for private keys, seed phrases, or fees for expedited processing.
Source: Twitter post
What should BitMEX users do now?
- Log in to BitMEX and review your wallet balances and transaction history.
- Withdraw each remaining balance to an external wallet or exchange as soon as possible.
- Do not send additional deposits to BitMEX deposit addresses after September 23, 2026, at 04:00 UTC.
- Withdrawals remain available through the BitMEX website after the exchange closure.
- API withdrawals will be disabled on September 28, 2026, at 04:00 UTC.
- Fully verified accounts with remaining balances may be charged a monthly account fee.
Why should you withdraw BitMEX funds now?
The main reason is to avoid account fees on balances left after the exchange closure. BitMEX has ended trading, deposits and new positions, but users can still log in and withdraw remaining balances through the website.
For fully verified accounts, the maintenance fee is set at an annualized rate of 1% of the remaining assets or the equivalent of $50, whichever is greater. The fee is charged monthly until the balance is withdrawn. It is deducted from the existing account balance and does not create an additional debt after the balance reaches zero.
Important: The fee applies to fully verified accounts with balances remaining on BitMEX. Withdrawing your funds reduces the risk of losing part of the balance to ongoing account charges.
How do you withdraw funds from BitMEX?
Use the website’s account and withdrawal pages to transfer your wallet balance to an external address. The official closure information confirms that account access, wallet balances, transaction history and withdrawal pages remain available after the exchange stopped its trading services.
- Sign in to your BitMEX account through the official website.
- Review your wallet balances and identify every asset that remains on the platform.
- Open the relevant withdrawal page for each asset.
- Enter the external wallet or exchange address that will receive the funds.
- Review the asset, destination address and network details carefully before confirming the withdrawal.
- Submit the withdrawal through the website and monitor its status in your account history.
Only send an asset to a compatible destination address and network. A transfer sent to an incorrect address or unsupported network may not be recoverable. If the website requests additional verification or security confirmation, complete the instructions shown in your account.
What changes after September 28?
Withdrawals must be processed manually through the BitMEX website after the API deadline. At 04:00 UTC on September 28, BitMEX will disable withdrawals through its API, including automated institutional integrations such as Fireblocks and Copper.
If you use an automated withdrawal workflow, move the process to the BitMEX website before that deadline. Automated systems should be decommissioned or adjusted so they do not continue attempting API withdrawals after the service is disabled.
Which networks will be available for USDT, USDC and ETH?
After September 28 at 04:00 UTC, USDT, USDC and ETH will be held and available for withdrawal only on the Ethereum network. The previous feature that allowed these assets to be withdrawn across multiple networks will no longer be available.
Before confirming a withdrawal for any of these assets, check that the receiving wallet or exchange supports the Ethereum network for the selected asset. Do not assume that a previously used network will remain available after the deadline.
What other deadlines should BitMEX users know?
Do not send new deposits to BitMEX after the closure time Deposits sent after September 23, 2026, at 04:00 UTC will not be reflected in the account balance and may not be recoverable.
Trading services have already stopped, and new positions can no longer be opened. Any remaining open positions at the closure time were subject to immediate force closure under the platform’s settlement procedures. The resulting funds are added to the user’s wallet balance and can then be withdrawn through the available account pages.
What security precautions should you take?
Use only the official BitMEX website and do not pay anyone for an accelerated withdrawal. BitMEX has warned users about phishing attempts and says it will never request private keys, seed phrases or payment in connection with fund distributions.
- Do not share your password, two-factor authentication code, private key or seed phrase.
- Do not trust messages promising priority or faster withdrawals.
- Check the website address before signing in.
- Verify the destination address and network before submitting each withdrawal.
- Keep records of withdrawal confirmations and transaction details.
Frequently Asked Questions (FAQs)
Q: Can I still withdraw BitMEX funds after the exchange closed?
A: Yes. Account login and withdrawal capabilities remain available through the BitMEX website, although trading and other discontinued exchange services are no longer accessible.
Q: When do BitMEX maintenance fees begin?
A: Fees apply from September 23, 2026, onward to fully verified accounts with balances remaining on the platform.
Q: How much is the BitMEX maintenance fee?
A: The fee is an annualized 1% of assets or the equivalent of $50, whichever is greater, charged monthly until the balance is withdrawn.
Q: Can I still withdraw through the BitMEX API?
A: API withdrawals will be disabled on September 28, 2026, at 04:00 UTC. After that time, withdrawals must be processed manually through the website.
Q: What happens if my remaining balance is below the minimum withdrawal amount?
A: The account fee can reduce the remaining balance to zero. You will not owe BitMEX additional funds after the balance is depleted.
Next steps
- Log in to BitMEX.
- Review every wallet balance.
- Begin processing withdrawals directly through the website.
- Pay particular attention to the September 28 API and network changes.
- Verify every receiving address before confirming a transfer.
Disclaimer: The information provided on this blog is for informational and educational purposes only and does not constitute financial, investment, legal, or tax advice.
