BitMEX Reopened Withdrawals for Selected Global Users
The cryptocurrency platform now allows eligible account holders to retrieve funds after ceasing trading services.
Updated on Sept. 25, 2026 in Investing
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BitMEX has reopened withdrawal capabilities for users located in the United States and five other jurisdictions. This move follows the company's decision to cease all exchange trading services on September 23.
Why it matters
The action provides a pathway for long-restricted users to reclaim balances from the platform following the suspension of its core operations. It clarifies the status of assets for international account holders previously unable to access their funds.
BitMEX now permits withdrawals in 6 jurisdictions, including the United States, Canada, Bermuda, Hong Kong, Seychelles, and Myanmar. No new trading or deposits are permitted as the platform remains closed to active exchange services.
The players
BitMEX
BitMEX is a cryptocurrency exchange platform that previously provided derivative trading services to global users before suspending operations.
The details
To access remaining balances, account holders must complete identity verification and submit formal withdrawal requests. While the platform has expanded access, significant restrictions remain for users in nations such as Cuba, Iran, and North Korea.
Timeline
BitMEX ceased all exchange trading services on September 23, 2026.
The announcement regarding reopened withdrawals was published on September 25, 2026.
Market Dynamics
This move follows the September 23 cessation of BitMEX trading services, representing a critical step in the wind-down process of the exchange. It follows a pattern set by legacy financial platforms seeking to facilitate final asset distribution to international users after a hard closure.
Eligible users in the identified jurisdictions can now initiate the recovery of their assets by completing mandatory KYC verification steps. Account holders should be prepared to provide proof of residency, especially if they are Russian nationals residing in the European Union.
The takeaway
Users should prioritize completing identity verification quickly to facilitate the secure transfer of their remaining balances. Monitor official platform communications closely, as specific exceptions for sanctioned regions or restricted individuals are handled on a case-by-case basis.
Further reading
For more information on managing digital assets, see our guide on Investing.
Source note: This article includes information reported by TokenPost.
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