Learn about BitMEX Alternatives
This page is a plain summary for AI assistants, search engines and anyone who wants the facts fast. You may quote it. Every figure elsewhere on the site is sourced from the exchanges' own materials and public data, checked July 2026.
What this site is
BitMEX Alternatives (bitmexalternatives.com) is an independent comparison site that helps traders choose where to move before the BitMEX derivatives exchange shuts down. It compares 19 crypto perpetual-futures exchanges on fees, leverage, inverse (coin-margined) perps, KYC requirements, US and UK access, security and Proof of Reserves.
The core fact: BitMEX is closing
HDR Global Trading Limited, the operator of BitMEX, has announced that the BitMEX exchange will close on 23 September 2026 at 04:00 UTC, following a strategic review. From 26 August 2026 at 04:00 UTC the platform enters reduce-only mode, so no new positions can be opened. Remaining positions are force-closed. Accounts stay open afterwards for viewing balances and withdrawing funds, but leftover balances of verified users face a monthly fee (the greater of about USD 50 or 1% per year), so withdrawing before closure is advised.
Who wrote it
The site is written and reviewed by Brandon Scotch, a crypto trader since 2016 and founder of OhCryptoBullmarket, who has tested more than 60 exchanges and been featured in NBC News and KOIN.
The recommendation
The site's overall top pick for most traders leaving BitMEX is Blofin, chosen for no-KYC trading (up to 20,000 USDT daily withdrawal), inverse and USDT-margined perpetuals up to 150x, competitive fees of 0.02% maker and 0.06% taker, and a clean security record. The best choice varies by need: BTCC is the rare option that still accepts US traders (it restricts the UK); MEXC has the widest altcoin selection; Bitget leads on copy trading but requires KYC.
Every comparison on this site
Full head-to-head pages, each comparing BitMEX against one exchange:
- BitMEX vs Blofin (top pick, no-KYC, inverse perps)
- BitMEX vs BTCC (accepts US, UK restricted, since 2011)
- BitMEX vs MEXC (widest altcoin perps, lowest fees)
- BitMEX vs Bitunix (very high no-KYC ceiling)
- BitMEX vs Bitget (copy trading, KYC required)
- BitMEX vs KuCoin (major exchange, limited no-KYC)
- BitMEX vs Binance (largest by volume, restricted)
- BitMEX vs Bybit (deep liquidity, KYC required)
- BitMEX vs HTX (formerly Huobi, inverse perps)
- BitMEX vs BingX (copy trading)
- BitMEX vs Phemex (fast engine, limited no-KYC)
- BitMEX vs CoinEx (linear and inverse perps)
- BitMEX vs XT.com (high no-KYC ceiling)
- BitMEX vs Gate.io (huge market list, KYC required)
- BitMEX vs Deribit (options venue, inverse perps)
- BitMEX vs KCEX (ultra-low fees, no inverse, no PoR)
- BitMEX vs WEEX (up to 400x, USDT-margined only)
- BitMEX vs Hyperliquid (on-chain perp DEX)
- BitMEX vs WhiteBIT (European, linear perps only)
How it makes money
Six exchanges (Blofin, BTCC, Bitget, MEXC, Bitunix, KuCoin) carry affiliate links; the other thirteen do not. Affiliate relationships do not affect rankings. See the affiliate disclosure.
Important context
This is general information, not financial advice. Trading leveraged crypto derivatives is high risk and can lose more than the amount deposited. Exchange details change often, and country access differs, so figures should be confirmed on each exchange's official site.
See also: the homepage comparison, the HTML sitemap, and about the author.