BitMart is facing sustained user pressure over rejected or stalled withdrawals as it approaches the August 26, 2026, deadline for discontinuing spot, futures and other trading services. The exchange began an orderly wind-down on July 26, 2026, suspending new registrations, deposits and trading orders while retaining withdrawals subject to identity, security, sanctions and source-of-funds checks. On August 21, BitMart said it was developing a potential restructuring plan that could include a phased resumption of certain operations alongside distributions to creditors, and appointed White & Case as restructuring counsel. As of August 24, none of the original deadlines had changed: users were told to submit withdrawal requests by 05:00 UTC on August 26, while full platform operations are scheduled to end at 15:59 UTC on January 31, 2027. The exchange’s BMX token has lost most of its value since the shutdown announcement. The next major checkpoint is a roadmap BitMart said it would provide by no later than September 9, 2026, which users will assess for details on reserves, creditor treatment and a workable withdrawal process.