BitMart Announces Orderly Wind-Down, Halts Trading by January 2027

On July 26, 2026, cryptocurrency exchange BitMart confirmed it will gradually shut down its trading platform under an orderly wind-down plan. New user registrations and deposits were suspended immediately, with all spot, futures, and other trading services ceasing on August 26, 2026. The platform is scheduled to officially cease operations by January 31, 2027. Users must withdraw assets before the deadlines; certain withdrawals may require additional review. The announcement caused BMX, BitMart's native token, to drop approximately 59.3% in 24 hours to around $0.065, with a market capitalization of about $22.4 million. BitMart had previously reported supporting over 1,900 spot assets and adding 495 new assets in H1 2026. The wind-down follows recent suspensions of Spot Margin and AMM Bot services, and adjustments for US users.