Bit.com has initiated a three-phase enterprise shutdown beginning December twenty seventh and ending March thirty first, 2026.
Bit.com suggested customers emigrate their belongings via the choices offered, together with direct withdrawals and migration to accomplice platform Matrixport, earlier than the closure by the tip of March.
Bit.com step-by-step plan shutdown
Cryptocurrency trade Bit.com introduced on December twenty seventh via its social media channels that will probably be downsizing its enterprise because of enterprise restructuring. Due to this fact, the corporate has launched a “Person Asset Migration Plan” to assist clients withdraw and switch their owned belongings.
The trade introduced an in depth timeline via March 31, 2026. Bit.com pledged to finish “clear and traceable migration of person belongings inside an outlined timeframe” whereas sustaining equal remedy for all account varieties through the withdrawal course of.
What providers will Bit.com discontinue?
Bit.com instantly suspended new person registration. Current clients will proceed to Login, View belongings and take part within the migration course of.
The platform says typical withdrawal requests are processed inside 0.5 to 24 hours. For delays of a couple of enterprise day, Person could request precedence affirmation via Buyer Service.
Spot buying and selling on the trade will proceed till January 31, 2026, after which all trades will likely be useful.centOP.
Customers can immediately withdraw their belongings earlier than the deadline or convert their holdings to USDT. The remaining small non-USDT belongings will then be mechanically transformed to USDT on the closing worth, besides within the remark space. foreign money, Customers should make guide withdrawals upfront.
Opening new contract buying and selling positions is already disabled. Customers can solely shut present positions.
Cloud computing energy providers will finish on January 25, 2026, at which level all mining earnings will likely be settled. Customers with lively cloud mining orders will obtain a refund for unfulfilled service days calculated from January twenty fifth till the expiration date of the unique order.
Automated earnings calculation for monetary instrument holders will proceed till January 30, 2026. For supported currencies akin to USDT, customers should withdraw their belongings via the app after cost.
What ought to Bit.com customers do now?
Customers can withdraw funds usually from the principle platform till January 31, 2026.
From February 1st, belongings that haven’t but been withdrawn will likely be moved to the backup station system, and customers will solely be capable to register and withdraw belongings. The trade has made it clear that no belongings will likely be liquidated, confiscated or disposed of at this stage.
March thirty first is the final likelihood to use for a withdrawal via Backup Station’s customer support channels.
When you’ve got funds on Bit.com, rely solely on official web site bulletins and legit data on official apps.
As at all times, scammers and dangerous actors have already got techniques in place to benefit from the Bit.com state of affairs. The trade additionally issued a rip-off warning and reminded customers that official communications won’t ever ask for passwords, SMS verification codes, mnemonics, or non-public keys via non-public messages. The trade doesn’t ask customers to switch funds to a “safety account.”
