BitMart sets Aug. 8, 23:59 UTC withdrawal deadline for covered U.S. users

Covered U.S. users face an Aug. 8 withdrawal cutoff, while BitMart's wider wind-down keeps separate Aug. 26 trading and withdrawal milestones and requires a new, separately approved account for BitMart U.S.

Summary

BitMart has told users covered by its U.S. rules to cancel orders, close applicable positions and remove assets by Aug. 8 at 23:59 UTC, well ahead of the exchange's broader wind-down. Those withdrawals may require identity verification, source-of-funds checks and destination-wallet ownership checks, and BitMart gave no maximum processing time for reviews. Moving to BitMart U.S. is not automatic because it requires a separate account and its own approval process. On the wider platform, gradual suspensions were scheduled from July 26, all trading is due to end at 01:00 UTC on Aug. 26, withdrawals are strongly recommended before 05:00 UTC that day, and platform operations are set to cease on Jan. 31, 2027 at 15:59 UTC.

Terms & Concepts
  • source-of-funds checks: Compliance reviews that ask users to document how the assets being withdrawn were obtained.
  • destination-wallet ownership checks: Verification that the withdrawal address belongs to the user receiving the assets.