BitMEX, a prominent player in crypto derivatives trading, will end its operations on September 23, 2026. The decision comes after HDR Global Trading Limited, the owner of the platform, chose to close the crypto exchange, according to CoinTelegraph.

Having operated for 11 years, BitMEX has been a significant presence in the cryptocurrency market, particularly known for its derivatives products. The shutdown marks the end of an era for one of the earliest and most influential crypto exchanges in this niche.

For Japanese investors and traders, BitMEX's closure highlights the evolving landscape of crypto derivatives, where regulatory and market dynamics continue to shape the availability of trading venues.