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Bit.com Plans Gradual Shutdown by March 2026, Urges USDT Withdrawals

(04:58 PM UTC)
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  • Bit.com suspended new registrations immediately and plans asset migration through March 2026.

  • Users can withdraw directly or convert to USDT; contract trading closes existing positions only.

  • Over 90% of assets expected to be processed transparently, with fraud warnings issued amid shutdown.

Bit.com shutdown: Three-phase closure from Dec 27 to Mar 31, 2026. Withdraw assets now via direct options or Matrixport. Secure your crypto before deadlines—act fast! (148 characters)

What is the Bit.com Shutdown Plan?

Bit.com shutdown involves a structured three-step process from December 27 to March 31, 2026, focused on orderly user asset migration. The exchange announced this via social media, launching a User Asset Migration Plan ensuring transparent withdrawals for all account types. Customers are advised to act promptly to avoid automatic conversions.

Which Services Will Bit.com Stop First?

New user registrations halted immediately on December 27. Spot trading persists until January 31, 2026, allowing continued activity before full halt. Contract trading now limits to closing positions only, with no new opens permitted, per Bit.com’s official restructuring announcement.

Withdrawal processing remains standard at 0.5 to 24 hours, with priority support for delays. Cloud mining services end January 25, 2026, issuing refunds for unused periods. Financial products settle by January 30, 2026, requiring manual USDT withdrawals thereafter.

Bit.com emphasizes equal treatment across VIP levels, promising traceable migrations. Data from the platform indicates normal operations during Phase 1, transitioning to restricted access in later stages.

Frequently Asked Questions

What Should Bit.com Users Do During the Shutdown?

Bit.com users should withdraw assets directly or migrate to Matrixport before January 31, 2026. Convert non-USDT holdings to USDT if needed; monitor official app and website for updates. Avoid third-party scams requesting private keys or transfers to security accounts. (48 words)

How Long Do I Have to Withdraw Assets from Bit.com?

You have until March 31, 2026, via the backup station after February 1. Initial withdrawals process normally through January 31; remaining assets move to secure backup without confiscation. Official channels confirm all timelines clearly. (42 words)

Key Takeaways

  • Immediate Actions: Halt new registrations; prioritize withdrawals now for fastest processing.
  • Trading Deadlines: Spot ends January 31, 2026; close contracts ASAP to avoid forced conversions.
  • Fraud Protection: Rely solely on Bit.com’s official app and site—ignore unsolicited private messages.

Conclusion

The Bit.com shutdown represents a methodical business restructuring, safeguarding user assets through a clear Bit.com shutdown timeline to March 31, 2026. With services phasing out progressively, customers must initiate migrations promptly via approved channels. Stay vigilant against fraud, and monitor official updates to secure holdings effectively in this evolving crypto landscape.

Gideon Wolf

Gideon Wolf

GideonWolff is a 27-year-old technical analyst and journalist with extensive experience in the cryptocurrency industry. With a focus on technical analysis and news reporting, GideonWolff provides valuable insights on market trends and potential opportunities for both investors and those interested in the world of cryptocurrency.
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