BitMEX crypto exchange halted trading operations Wednesday, advising users to withdraw funds due to new fees.

The BitMEX crypto exchange officially ceased its trading services on Wednesday at 04 00 UTC. This marks the end of all active trading operations on the platform.

Following this closure, BitMEX is strongly urging its users to promptly withdraw any remaining funds they still have on the exchange. This recommendation is crucial because new fees will now apply to any balances that are left on the platform. Users must retrieve their funds to avoid incurring these charges.