BitMart Winds Down Trading as Exchange Closures Pile Up

NewsSun, 26 Jul 2026 09:58:02 UTC10 hours ago

BitMart is shutting down its trading operations. The exchange suspended new registrations, deposits, and new orders on July 26, 2026, and plans to stop all spot and futures trading at 01:00 UTC on August 26.

Withdrawals will stay open until January 31, 2027, though the company said requests may face extra compliance and identity checks.

BitMart users have a month to close open positions before trading halts on August 26. Futures accounts are already restricted to reduce-only mode. Copy trading, staking, lending, and the platform's Launchpad will be discontinued in phases, each on its own schedule.

BMX, the exchange's native token, dropped as much as 60% within 24 hours of the announcement.

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