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 property by means of the choices offered, together with direct withdrawals and migration to companion platform Matrixport, earlier than the closure by the top 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 attributable to enterprise restructuring. Subsequently, the corporate has launched a “Consumer Asset Migration Plan'' to assist clients withdraw and switch their owned property.
The trade introduced an in depth timeline by means of March 31, 2026. Bit.com pledged to finish “clear and traceable migration of consumer property inside an outlined timeframe” whereas sustaining equal remedy for all account varieties through the withdrawal course of.
What companies will Bit.com discontinue?
Bit.com instantly suspended new consumer registration. Current clients will proceed to Login, View property 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, Consumer 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 will likely be purposeful.centOP.
Customers can straight withdraw their property earlier than the deadline or convert their holdings to USDT. The remaining small non-USDT property will then be robotically transformed to USDT on the closing value, besides within the statement 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 companies will finish on January 25, 2026, at which level all mining earnings will likely be settled. Customers with energetic 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 reminiscent of USDT, customers should withdraw their property by means of 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, property 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 property. The trade has made it clear that no property will likely be liquidated, confiscated or disposed of at this stage.
March thirty first is the final probability to use for a withdrawal by means of Backup Station's customer support channels.
When you have funds on Bit.com, rely solely on official web site bulletins and legit info on official apps.
As all the time, scammers and unhealthy actors have already got programs in place to benefit from the Bit.com scenario. 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.”
