BitMEX, co-founded by Arthur Hayes in 2014, redefined the global crypto market by introducing the 100x leverage perpetual swap. BitMEX, the crypto derivatives exchange that pioneered the 100x leverage perpetual swap, will shut down operations on Sept. 23, 2026, and is urging users to close positions and withdraw funds immediately. New account registrations have been halted and open contracts will be forcibly closed before the final shutdown to ensure an orderly wind-down. Users who do not withd…
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