BitMart Gives US Users Final Warning: Withdraw Crypto by August 8

BitMart, a cryptocurrency exchange, has set an August 8 deadline for US users to withdraw their crypto assets. This move comes as part of the exchange's plan to end all platform operations by January 31, 2027.

The deadline applies to covered US users, who must cancel open orders and close positions on the platform before the cutoff time. Users will also need to redeem or withdraw any product balances they hold, including assets that may not be supported by their destination wallet.

BitMart has warned that further account restrictions may be placed on users who miss the deadline, but it did not provide a clear timeline for these restrictions. The exchange has also recommended that all users withdraw funds before August 26, when trading services will halt globally.