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BitMEX shuts down exchange services after 12 years

Global cryptocurrency exchange BitMEX has officially ended its exchange operations after about 12 years. Trading, deposits and new position openings have been blocked, leaving users able only to log in and withdraw funds. BitMEX urged users to withdraw remaining balances quickly and warned against sending funds to its addresses. Accounts leaving balances after completing KYC face an annual fee of 1 percent or $50, billed monthly. It is also tightening withdrawal security checks.