Up to 65% Lower Bitcoin Network Fees for Withdrawals Due to Improved Use of Block Space

In October 2023, we announced a significant improvement in our wallet infrastructure, introducing newly issued wallet addresses for all users. We now offer BitMEX users significantly lower Bitcoin network fees for withdrawals. We still require a minimum fee on transactions as spikes in the mempool are often sudden and unpredictable. What are the Impacts to the Bitcoin Network? The move demonstrates our commitment to an efficient Bitcoin network and affordable fees whilst maintaining wallet security and full transparency.