BitMEX Has Reopened Withdrawals for Some Users
Eligible account holders in the U.S. and five other regions can now access balances after trading stopped.
Updated on Sept. 25, 2026 in Investing
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BitMEX has reopened withdrawal services for eligible users across six jurisdictions, including the United States, following the cessation of its exchange trading platform. Users must complete identity verification to retrieve their remaining balances, as new deposits and trading remain disabled.
Why it matters
This development provides a pathway for account holders to regain access to funds that were restricted when the exchange halted its primary trading operations. Investors must navigate specific verification processes to ensure their assets are released as the platform winds down its services.
BitMEX has enabled withdrawal capabilities for users in 6 jurisdictions, including the U.S., Canada, Bermuda, Hong Kong, Seychelles, and Myanmar. Account holders must verify their identities to recover their balances, though specific total asset values remain undisclosed.
The players
BitMEX
A digital asset exchange that previously offered derivatives and spot trading services before ceasing operations.
The details
To recover funds, users must complete identity verification and submit individual withdrawal requests through the platform. The exchange does not permit new trading or deposits, signaling a permanent closure of its exchange services. Specific exceptions are available for Russian nationals in certain regions and eligible Iranian nationals, provided they meet strict compliance and residency criteria.
Timeline
September 23, 2026: BitMEX ceased all exchange trading services.
September 25, 2026: BitMEX opened withdrawal access for eligible jurisdictions.
Money Landscape
This move represents the operational wind-down phase for BitMEX following its September 2026 trading cessation. It follows a broader industry pattern where exchanges implement phased withdrawal protocols after a permanent suspension of active trading services.
Account holders in the identified regions should prioritize completing identity verification to access their frozen balances promptly. As this process is highly specific to your account status, consider consulting with a financial professional if you have significant holdings on the platform.
The takeaway
The reopening of withdrawals offers a critical window for users to reclaim their funds from a shuttered exchange. Monitor your account communications and complete all mandatory identity documentation as soon as possible to ensure your request is processed.
Further reading
For guidance on navigating platform closures and asset recovery, visit our Investing section.
Source note: This article includes information reported by TokenPost.
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