BitMart Begins Shutdown on July 26, Halts Trading Services by Aug. 26, 2026

According to BitMart's official announcement on July 26, 2026, the exchange began its orderly shutdown process, immediately stopping new registrations, cryptocurrency and fiat deposits, and new trading activity. BitMart will discontinue all spot, futures, and other trading services on Aug. 26, 2026, at 01:00 UTC, with complete platform termination scheduled for Jan. 31, 2027. The exchange advised users not to send additional assets during the wind-down period and warned of impersonation scams.

Former BitMart Global CEO Nenter Chow stated on X that he was terminated on July 24, 2026, and had no role in the shutdown decision. "I was not involved in the decision announced today, not consulted on it, and not informed of it. I learned of it when it became public," Chow said. BitMart confirmed withdrawals will remain available throughout the transition, though some requests may require identity verification and compliance checks.