The exchange becomes the third centralized crypto platform to announce a shutdown this month, following BitMEX and AscendEX, based on the post.
BitMart has announced plans to wind down its trading platform operations, marking the third centralized crypto exchange (company running customer trading venues) reported to announce a shutdown this month after BitMEX and AscendEX. The post frames the move as part of a cluster of exchange closures over a short period, though it does not provide timing, reasons for the decision, or details on how the wind-down will be carried out.