BIT announces an orderly reduction of its existing business operations and the launch of the "User Asset Migration Plan"

According to an official announcement, due to business adjustments, the cryptocurrency exchange BIT will gradually reduce its current operations and simultaneously initiate the "User Asset Migration Plan." BIT commits to completing all transparent and traceable user asset transfers within a clear time window.
Effective immediately, BIT will suspend new user registration. Existing users can log in normally, view their assets, and participate in the migration process. All spot assets will remain queryable. Spot trading will cease on January 31, 2026. All users holding contract account balances, positions, or unrealized profits and losses on BIT will be unable to open new contracts from today onward, and can only close existing positions.