Crypto Exchange BitMart Announces Shutdown After Nine Years — Users Complain of Withdrawal Delays

In June 2026, another crypto exchange announced its departure from the market. This time it’s BitMart. We break down what’s behind the closure. Centralized crypto exchange (CEX) BitMart has initiated a phased shutdown. The platform will fully cease operations on January 31, 2027.

Hot topic: EU Bars Transactions With HTX Over Russian Sanctions Evasion Important NoticeAfter a careful evaluation of the Company's operating conditions, market environment, and future strategic direction, BitMart has made the difficult decision to commence an orderly wind-down of its trading platform operations.

We deeply regret having to make… pic.twitter.com/KX3zczIrAh— BitMart (@BitMartExchange) July 26, 2026 Since July 26, the exchange has stopped accepting new registrations, deposits, and trade orders. Trading will be fully halted on August 26.

The native BMX token crashed on the news. At the time of publication, the 24-hour drop was nearly 30%, with a 7-day decline of 81%. BMX Price Movement Over 24 Hours, as of July 27, 2026. Source: CoinGecko.