Bearish
BitMEX, Pioneer of Perpetual Swaps, Announces Shutdown
23.07.2026 11:48
BitMEX, the cryptocurrency exchange credited with inventing perpetual swaps (perps), has announced it is shutting down. This marks a significant moment in crypto history, as BitMEX was a major force in the derivatives market, particularly for Bitcoin (BTC). The exchange’s closure will impact traders who relied on its leveraged trading products. The reasons behind the shutdown are not detailed in the original content, but it signals a major shift in the crypto exchange landscape.
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