BIT announces an orderly reduction of its existing business and simultaneously launches the "User Asset Migration Plan".

DeepFlowTech · 2025-12-27T05:34:27+00:00

Cryptocurrency exchange BIT will reduce its existing operations and initiate a user asset migration plan due to business adjustments. New user registrations are suspended, but existing users can log in normally and participate in the migration. Spot trading will cease on January 31, 2026, and contract accounts will only allow closing positions.

DeepFlowTech

2025-12-27 05:34:27

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Deep Tide TechFlow News, December 27th, according to an official announcement, due to business adjustments, the cryptocurrency exchange BIT will gradually reduce its existing operations and simultaneously launch the “User Asset Migration Plan.”

BIT promises to complete all transparent and traceable user asset migrations within a clear time frame.

Effective immediately, BIT will suspend new user registration. Existing users can log in normally, view 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 stop opening new contracts from today, with only position closing allowed.

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