BitMEX
Handelsavgift
Insättninsgmetoder
Kryptos (24)
UPDATE 23 July 2026: BitMEX today announced very surprisingly that the platform will be closing down. The wording was as follows in an announcement on their website:
To all users of BitMEX,
Today we are announcing the closure of the BitMEX Exchange, which will take effect on 23 September 2026 at UTC 04:00:00 (the Closure Time). With immediate effect, we have stopped all new account registrations. Following a strategic review of the business and the broader crypto industry, the board of HDR Global Trading Limited, owner and operator of BitMEX, has decided to close the exchange. This comes with a heavy heart for all of us at the company and has not been taken lightly.
When BitMEX started in 2014, our mission was simple: provide access to professional-grade crypto derivatives for everyone. BitMEX invented the 100x leverage perpetual swap, the most traded product in the crypto industry – now adopted by thousands of people and exchanges. This legacy reflects our commitment to bringing innovative and sophisticated risk management tools for all users. And we continue to take pride in our robust security posture, which, unlike many of our peers, has resulted in BitMEX experiencing zero funds lost to hacks during its entire operating history of over 11 years.
The BitMEX platform has always remained grounded to the true ethos of Bitcoin – neutrality, transparency, and decentralisation, which is evident through our peer-to-peer operations and a top priority focus on user fund safety. While this news is a difficult one to share, we are proud of everything that has been built at the company since its launch as a pioneer of crypto derivatives.
What Does This Mean for Users?
Immediately from the Closure Time, there will be no further exchange services provided by BitMEX other than continuing to hold the assets of users who have not already closed all positions and withdrawn their funds prior to this point. Even after the Closure Time, users will still be able to log into their account to see their wallet balance and historical transaction information to withdraw their funds. Please note that this means we have unstaked all staked BMEX Tokens on the platform, and it is immediately available in holder accounts.
We strongly encourage all users to close open positions and withdraw their funds as soon as practical. The exchange will operate as normal during the period up until the Closure Time, although we will apply risk limits from 26 August at UTC 04:00:00 to stop users from placing new positions (so you will only be able to reduce your positions). From this point to the Closure Time, BitMEX will force close existing open positions to ensure an orderly wind down of the market. Any remaining open positions at the Closure Time will be immediately force closed. All users are on notice that BitMEX may force close positions as described above at its sole discretion, and takes no responsibility for any trading losses that result from users’ inability to close their positions between now and the Closure Time.
We will apply early settlement procedures to contracts trading with limited liquidity. Notice will be given to users in accordance with our usual procedures for early settlements.
KYC’d users who have failed to withdraw their assets from the platform by the Closure Time will be charged an account fee of USD50 equivalent or 1% per annum (whichever is greater), charged monthly, on the balance remaining in their account. Failure to withdraw funds by the Closure Time will mean you have agreed to be charged that fee, and have agreed to subsequent increases in that fee (to be communicated in advance) if you continue to fail to withdraw after the Closure Time. We will continue to regularly reach out to users who have failed to withdraw their assets by the Closure Time to encourage withdrawals.
We are mindful that a wind down of an exchange can generate additional risks to users’ funds by bad actors trying to take advantage of what they assume may be uncertainty. Be vigilant for phishing attempts using this news, or promising priority or accelerated withdrawals - no such expedited service is available. To ensure end-to-end safety, we will deploy additional review procedures on all withdrawals requested and may see heightened withdrawal requests being subject to network restrictions depending on the assets being withdrawn. Certain blockchains, like Bitcoin, can have very long block confirmation times (up to an hour is not uncommon) which can limit our capacity to process withdrawals promptly from our fixed pool of addresses. As long as your withdrawal is marked “Processing”, it will be queued and posted to the blockchain when the next address becomes free. We apologise in advance for any potential delays in processing certain withdrawals, but you can be assured that all assets exceed liabilities as stated on our Proof of Reserves and Liabilities page.
Final Note
From all of us at BitMEX, we want to thank everyone who has interacted with our platform over its long history. You have all played a pivotal role in helping BitMEX become the industry leader it was, and we hope you will continue to trade on the many excellent platforms that have followed in our footsteps.
For any questions, please reach out to our Support team who are available 24/7.
Best,
BitMEX Team
Accordingly, we have marked this exchange as "dead" and moved it to our Exchange Graveyard.
To find a reliable exchange, just use our Exchange List and we'll help you find the right platform for you.
BitMEX Review
What is BitMEX?
BitMEX is one of the world’s biggest derivatives exchanges with a strong and secure platform. It has been active since 2014 and its place of registration is the Seychelles.
Trading Volume
BitMEX has an impressive trading volume. On the date of last updating this review (2 December 2021), the exchange had a 24-hour trading volume of USD 1.5 billion according to Coinmarketcap. In comparison, the same value on 21 September 2021 was USD 3.81 billion.
Restricted Investors
US-investors may not trade here, at least not today. So, if you’re an investor based in the US and you’re looking for a crypto exchange, use our Exchange Finder to find out which alternatives you have.
On 28 April 2020, BitMEX also announced that they will no longer be open to Japanese Investors.
BitMEX Corporate
In an email to its users on 23 June 2020, BitMEX introduced that they would now offer an improved offering for its corporate users, simply called "BitMEX Corporate". The benefits of the corporate program is, according to the email, the following:
- Enhanced Service: Dedicated client coverage relationship manager and access to global corporate events
- Enhanced Security: Additional options for defining account access and control via authorised signatories and dedicated account management
- Accounting Requirements: Clarify account ownership and domicile
- Audit: Access to our Account Audit features and support
BitMEX Trading Platform
BitMEX trading platform is written in the coumn-store database kdb+. This is the same type of database that many banks use in their high-frequency trading platforms. Partly pursuant to this, the BitMEX platform is extremely fast and reliable. Much more so than many of its competitors, e.g. Poloniex. This is how their trading view looks:
From our perspective, the trading view makes sense. You have the diagrams in the middle, the history to the right, and the current order book to the left. It’s an easy overview. Also, this exchange’s mobile implementation is fully-fledged. The picture above is the standard setting but you can also activate the “night mode” if that is more soothing to your eyes or your experience.
Leveraged Trading
BitMEX also offers leveraged trading. On BTC, you can get leveraged maximum 100x (on spot and futures), both when going long and going short. This can lead to massive returns but – on the contrary – also to massive losses.
For instance, let’s say that you have 10,000 USD on your trading account and bet 100 USD on BTC going long (i.e., increasing in value). You do so with 100x leverage. If BTC then increases in value with 10%, if you had only bet 100 USD, you would have earned 10 USD. As you bet 100 USD with 100x leverage, you have instead earned an additional 1,000 USD (990 USD more than if you had not leveraged your deal). On the other hand, if BTC decreases in value with 10%, you have lost 1,000 USD (990 USD more than if you had not leveraged your deal). So, as you might imagine, there is potential for huge upside but also for huge downside…
BitMEX Fees
BitMEX’s fees consist of deposit fees, trading fees and withdrawal fees.
Deposit fees vary dependent upon how you deposit.
Trading fees are 0.075% of the total order value for takers, but makers get paid 0.025% for making trades. Trading fees for makers is thus -0.025%.
Withdrawal fees correspond to the network fees (approx. 0.000051 BTC for BTC-withdrawals).
BitMEX Trading fees
Always check the trading fees! Before reading the below information it can be worth clarifying the following: what is a taker fee, and what is a maker fee? As your No. 1 trading cryptocurrency guide, we will help you with that.
Every trade occurs between two parties: the maker, whose order exists on the order book prior to the trade, and the taker, who places the order that matches (or “takes”) the maker’s order. We call makers “makers” because their orders make the liquidity in a market. Takers are the ones who remove this liquidity by matching makers’ orders with their own. The maker-taker model encourages market liquidity by rewarding the makers of that liquidity with a fee discount. It also results in a tighter market spread due to the increased incentive for makers to outbid each other.
BitMEX’s trading fees for takers are 0.075% which is quite standard when it comes to derivatives exchanges. BitMEX also pays you for making maker orders, meaning that they have a negative fee for makers (-0.01%). So if you make a maker order worth USD 100,000 which is picked up by a taker, you get paid USD 10 for providing the liquidity. Sure, USD 10 isn’t that much for an order of that size, but still, you get paid! We are extremely impressed by this.
It should be clarified here that BitMEX – unlike most crypto exchanges – mainly focuses on option trading. They divide their fees into the following option contract groups: perpetual contracts, traditional futures, upside profit contracts and downside profit contracts. Here are the fees for the various contracts in the perpetual contracts category:
And here are their fees for traditional futures and quanto futures.
Finally, it might be worth mentioning that you can also receive trading fee discounts by reaching a certain trading volume during the most recent 30 days, as set out in the below table. The lowest level of fees you can have is 0.025% for takers. These fees are quite competitive, but they do require you to achieve a trading volume during the preceding 30 days of more than USD 50 million, so that fee level is surely not available for most traders.
BitMEX Withdrawal fees
OK, you have read this far and you understand the trading fees of this exchange. But wait, there’s more you need to look out for! One very important fee that people easily forget is the withdrawal fee. Let’s say you trade at a top crypto exchange with trading fees that are competitive enough. You have met your investment goals and you are looking to buy house with bitcoin. But in order to buy the house, you need to withdraw the funds. And BAM! – the exchange can make up for its low trading fees at one fell swoop.
Well, not BitMEX. BitMEX only charges the network fee when making withdrawals. This is a very strong competitive edge in the market and really distinguishes BitMEX from most other top crypto exchanges.
Deposit Methods
BitMEX does not accept any other deposit method than cryptos. So, if you are a new crypto investor and you wish to start trading at BitMEX, you will have to purchase cryptos from another exchange first and then deposit them at BitMEX.