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Bitrue has announced support for users migrating from BitMEX by outlining available migration procedures and offering rewards for those transferring their trading activity to the Bitrue platform.
Bitrue has provided detailed information for BitMEX users on how to transition their trading accounts and assets to Bitrue, in response to BitMEX's announced platform closure. According to the announcement, BitMEX has already stopped new account registrations, will restrict users from opening new positions starting August 26, 2026, and will fully close on September 23, 2026. Bitrue outlines the risks of remaining on BitMEX, such as forced position liquidations, rising custody fees for unclaimed balances, and potential exposure to phishing scams. The migration guide emphasizes the importance of verifying network compatibility during transfers and introduces Bitrue as a long-operating platform featuring various trading services and audited security practices.
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Bitrue is offering exclusive migration rewards to users moving from BitMEX. To participate, register a new account on Bitrue, deposit or transfer your assets, and start trading on the platform to unlock rewards. For more information and to begin, users can register via the official sign-up link.
Bitrue is a cryptocurrency exchange operated by Innovations Technologies Limitada, offering access to over 160 trading pairs, including popular coins like Bitcoin, Ethereum, Tether, Ripple, and its proprietary BTR token. The platform features TradingView chart integration, multi-level account protection with 2FA and PIN, and support for both active trading and passive income options, though it does not offer leverage or fiat withdrawals. For further information, you can read the full review on Traders Union.
For more background, our earlier news about Bitrue highlighted their PONS Launchpool campaign, where users could stake BTR tokens to earn PONS rewards; you can read more details in the previous Bitrue update on Traders Union.