Crypto exchange BitMart has begun winding down its trading platform, gradually suspending new registrations, deposits and orders ahead of a full trading halt on Aug. 26.
In a notice published at 9:40 p.m. ET Saturday, the exchange said the decision followed an evaluation of its operating conditions, market environment and future strategic direction.
All spot, futures and other trading services will stop at 01:00 UTC on Aug. 26. BitMart plans to cease trading platform operations at 15:59 UTC on Jan. 31, 2027, after which users will keep login access for a period to view records and submit withdrawal requests.
Withdrawals remain available, with BitMart recommending that users close their positions by 01:00 UTC and submit withdrawal requests by 05:00 UTC on Aug. 26. Requests made after that recommended timeframe will be transferred to a separate processing procedure, while some withdrawals may face additional identity, source-of-funds, sanctions or security reviews.
BitMart also began placing futures accounts in reduce-only mode and stopping the acceptance of new spot orders. Copy trading, grid trading and API trading are being discontinued in phases, along with BitMart Earn, staking, lending and Launchpad products.
