Bit.com has begun a three-phase enterprise shutdown beginning December twenty seventh and ending March thirty first, 2026.
Bit.com suggested customers emigrate their belongings by means of the choices supplied, together with direct withdrawals and migration to companion 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 by means of its social media channels that will probably be downsizing its enterprise because of enterprise restructuring. Subsequently, 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 by means of March 31, 2026. Bit.com pledged to finish “clear and traceable migration of person belongings inside an outlined timeframe” whereas sustaining equal therapy for all account sorts in the course of the withdrawal course of.
What companies 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 multiple enterprise day, Person could request precedence affirmation by means of Buyer Service.
Spot buying and selling on the trade will proceed till January 31, 2026, after which all trades might be purposeful.centOP.
Customers can instantly withdraw their belongings earlier than the deadline or convert their holdings to USDT. The remaining small non-USDT belongings will then be robotically transformed to USDT on the closing value, besides within the commentary space. foreign money, Customers should make handbook withdrawals upfront.
Opening new contract buying and selling positions is already disabled. Customers can solely shut current positions.
Cloud computing energy companies will finish on January 25, 2026, at which level all mining revenue might 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 revenue calculation for monetary instrument holders will proceed till January 30, 2026. For supported currencies corresponding to USDT, customers should withdraw their belongings by means of the app after fee.
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 might be moved to the backup station system, and customers will solely be capable of register and withdraw belongings. The trade has made it clear that no belongings might be liquidated, confiscated or disposed of at this stage.
March thirty first is the final likelihood to use for a withdrawal by means of Backup Station’s customer support channels.
When you’ve got funds on Bit.com, rely solely on official web site bulletins and bonafide data on official apps.
As all the time, scammers and unhealthy actors have already got techniques in place to reap the benefits of 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 personal keys by means of personal messages. The trade doesn’t ask customers to switch funds to a “safety account.”
