Status Notice: BitMEX shut down its exchange on September 23, 2026, so no one, including Canadians, can trade there any more. Only withdrawals remain. BitMEX says the closure was an owner decision after a business review, unrelated to legal or regulatory issues. My top pick for Canadians is Coinbase, and Kraken is the closest alternative for this case.
BitMEX is not an option for new Canadian users: closed. Kraken is registered in Canada and still trading. BitMEX had already listed Canada as restricted before closing. The comparison pages below are kept as history and for readers who want to see how BitMEX stacked up.
- Use instead: Kraken
| Detail | Info |
|---|---|
| Status | Ceased trading on September 23, 2026 |
| Operator | HDR Global Trading Limited (Seychelles) |
| Withdrawals | Website withdrawals stay open; API withdrawals end September 28, per CoinDesk |
| CSA Status | Not on the CSA authorized or banned list |
What Should BitMEX Users Use Instead?
Kraken is registered in Canada and still trading. BitMEX had already listed Canada as restricted before closing. My full ranking is in the best crypto exchanges in Canada.
Which BitMEX Comparisons Are There?
- Binance Vs BitMEX
- Bitbuy Vs BitMEX
- Bitcoin Well Vs BitMEX
- Bitget Vs BitMEX
- BitMEX Vs Gate.io
- BitMEX Vs Kraken
- BitMEX Vs VirgoCX
- Bitvo Vs BitMEX
- Bull Bitcoin Vs BitMEX
- Bybit Vs BitMEX
- Coinbase Vs BitMEX
- CoinField Vs BitMEX
- CoinSmart Vs BitMEX
- Crypto.com Vs BitMEX
- KuCoin Vs BitMEX
- NDAX Vs BitMEX
- Netcoins Vs BitMEX
- Newton Vs BitMEX
- Shakepay Vs BitMEX
- Uphold Vs BitMEX
- Wealthsimple Crypto Vs BitMEX
What Changed For Canadian Crypto Exchanges In November 2026?
- : OSC issued an amended decision for Coinsquare Capital Markets Ltd. (Bitbuy), updating its registration terms as an investment dealer. Source
- : Wealthsimple updated its crypto fee schedule to a flat 0.5% baseline fee plus spread (with Active Trader tiers), plus a $1 surcharge on small orders. Source
- : Coinbase launched 23 regulated crypto futures contracts (including BTC, ETH, SOL) for eligible permitted Canadian clients via Coinbase Financial Markets. Source
Frequently Asked Questions
Is BitMEX Available To Canadians?
BitMEX shut down its exchange on September 23, 2026, so no one, including Canadians, can trade there any more. Only withdrawals remain. BitMEX says the closure was an owner decision after a business review, unrelated to legal or regulatory issues.
What Should I Use Instead Of BitMEX?
Kraken is registered in Canada and still trading. BitMEX had already listed Canada as restricted before closing.
Is BitMEX Registered In Canada?
Ceased trading on September 23, 2026. See the status table above for the registry details I checked.
Where Can I See BitMEX Comparisons?
The list on this page links every comparison page on the site that includes BitMEX, kept for reference.