BitMEX restores withdrawals after its post-closure system upgrade
Withdrawal access returned with new verification and transaction conditions, while exchange trading remained closed.
BitMEX announced on October 14, 2026, that its scheduled system upgrade was complete and withdrawals had resumed. The restoration followed the exchange's September 23 cessation of trading.
The notice required users to refresh know-your-customer information, complete a test transaction and observe a cooldown period. Asset-specific minimum withdrawal thresholds also applied. BitMEX said funds had remained safe during the transition.
For customers holding balances on a closing exchange, the ability to withdraw is a different question from whether trading is available. Restoring access to funds can be consequential even when no market has reopened.
The October announcement therefore represented a post-closure access stage, not a return of BitMEX's former trading business. Its conditions also meant that restored withdrawals were not identical to immediate, unrestricted transfers for every account and asset. The notice did not specify the complete interruption window, so the resumption date should not be used to infer its duration.