Crypto exchange Bitget is preparing to reinstate withdrawals in phases beginning September 28, following a security incident on September 24 that prompted a temporary suspension of the service. Bitcoin withdrawals will return first, with ETH and USDT following over the next two days, and full service is scheduled to be back by October 2. Security checks remain underway as the platform restores services in stages.

Withdrawal functionality is central to how users move funds on and off a centralized exchange, which is what makes its suspension and staged return the key operational marker of Bitget's recovery from the incident.

Bitcoin Withdrawals Return First as Bitget Restores Services in Stages

In a recent announcement, Bitget said its teams have identified and fixed the vulnerability linked to the September 24 incident. The exchange's security and technical teams are now conducting additional checks across its withdrawal systems before services resume.

According to the exchange, the temporary withdrawal pause is a security measure rather than a matter of customer asset availability. User account balances remain unaffected, and the company's Protection Fund, the reserve it maintains for covering losses from platform-level security incidents, will cover the financial impact of the platform-wide incident.

https://x.com/bitget/status/2103695497458557342?s=20

Bitcoin withdrawals are set to resume at 08:00 UTC on September 28 through the Bitcoin network. ETH withdrawals are scheduled to follow at 08:00 UTC on September 29 across Ethereum, BSC, Arbitrum, Base, and Optimism, while USDT withdrawals will return at 08:00 UTC on September 30 through Ethereum, BSC, Solana, and Tron.

Remaining tokens, alongside fiat withdrawals and peer-to-peer (P2P) services, are scheduled to come back online at08:00 UTC on October 2, completing the resumption schedule.

Bitget said the phased approach will apply consistently across all users, without preferential access, and that its stated goal is to restore withdrawals across supported assets and networks as quickly and safely as possible. Sequencing the restart asset by asset and network by network, rather than switching everything back on at once, keeps each step of the recovery aligned with the security checks still in progress.

Bitget Says User Balances Remain Unaffected

Trading and deposits continue to operate during the withdrawal pause, and users do not need to take any action before services return. Withdrawal availability will appear directly on Bitget as each phase of the schedule takes effect.

The exchange further stated that the incident remains contained and that no further unauthorized transfers are possible.

Users have been advised to follow Bitget's official communication channels for updates as the withdrawal schedule progresses. Chief Executive Gracy Chen will also host a live AMA at 07:30 UTC on September 28, shortly before Bitcoin withdrawals are scheduled to resume.

Full withdrawal access is expected to return gradually through October 2, subject to the platform's ongoing security checks. The milestones to watch from here are the September 29 and September 30 restart windows and the October 2 completion date, with security checks remaining underway as each stage of the rollout goes live.