BitMart will shut down its trading business in stages after reviewing its operating conditions, market conditions, and future strategic direction, according to an official announcement cited by ChainCatcher.
Initial service reductions begin on July 26
Starting at 01:30 UTC on July 26, BitMart will gradually stop new user registration as well as crypto and fiat deposits. Futures accounts will be placed in reduce-only mode. Spot trading will stop accepting new orders, and automated functions including copy trading, grid trading, and API trading will also be wound down step by step.
All trading services to stop on Aug. 26
From 01:00 UTC on Aug. 26, BitMart said it will halt all spot, futures, and other trading services. The announcement said any futures positions that remain open at that time may be handled based on mark price, index price, or applicable settlement rules.
Products including wealth management, staking, lending, and Launchpad will also be terminated in phases. The platform said separate notices will cover redemption and settlement arrangements.
Formal platform shutdown scheduled for January 2027
BitMart said it plans to formally stop operating its trading platform at 15:59 UTC on Jan. 31, 2027. After operations end, users will still be able, within a specified period, to log into their accounts, review historical records, and submit withdrawal requests.
The exchange advised users to complete identity verification and close all positions before 01:00 UTC on Aug. 26, and to submit withdrawal requests before 05:00 UTC on the same day.
Withdrawals remain open, with possible manual review
Withdrawal services are still available for now. BitMart said some requests may be subject to manual review because of KYC checks, device and account security requirements, source-of-funds review, withdrawal address checks, Travel Rule obligations, and sanctions screening.
The platform also urged users to download and save records covering account balances, deposits and withdrawals, and trading history in advance. It warned users to watch for scams involving people posing as platform staff to collect "expedite fees" or "unfreezing fees," or to ask for passwords, verification codes, private keys, or seed phrases.