Cryptocurrency exchange BitMart has established an August 8 deadline for U.S. users to withdraw their assets, ahead of a broader platform wind-down that culminates in a global trading halt on August 26.

According to the exchange's U.S. user notice, the regional withdrawal cutoff is set for August 8 at 23:59 UTC. This deadline applies to individuals who reside in or are located within the United States, as well as anyone classified as a U.S. user under BitMart's user agreement and associated policies. The U.S. cutoff arrives roughly two and a half weeks before the global trading halt, giving American users a narrower window to complete withdrawals compared to the platform's wider user base.

Affected users are instructed to cancel any outstanding orders, close applicable positions, redeem or withdraw eligible product balances, and remove all remaining assets from the platform. Users may also need to convert or withdraw assets that are incompatible with their intended destination platform.

BitMart warned that following the August 8 deadline, it may impose further restrictions on affected accounts. Any remaining assets will be handled in accordance with applicable law, the BitMart user agreement, and the exchange's compliance procedures.

Withdrawal requests submitted before the deadline may be subject to identity verification, source-of-funds documentation, proof of wallet ownership, or security reviews. BitMart did not specify a maximum processing time, meaning a submitted request could remain under review beyond the regional cutoff.

Migration to BitMart U.S., described by the company as a separate platform, is not automatic. Users must create a new account and complete independent identity verification. Eligibility depends on the user's jurisdiction, and individuals must confirm that their assets, networks, and intended services are supported on the new platform. Registration does not guarantee approval or access to specific products. The launch of a separate U.S. entity alongside the global wind-down means users seeking continued access to BitMart services will need to independently verify whether the new platform supports their specific assets and trading needs.

The U.S. notice operates alongside BitMart's global wind-down schedule, which outlines a phased suspension of services across the wider platform. Gradual suspensions of new registrations, deposits, new positions, new spot orders, and automated trading were scheduled to commence on July 26 at 01:30 UTC. The exchange did not provide a single completion date for this rollout, nor did it confirm that every measure is already active platform-wide.

BitMart plans to halt all spot, futures, and other trading activity on August 26 at 01:00 UTC. Futures positions remaining open at that time may be settled according to the applicable mark price, index price, or settlement rules, with detailed arrangements to be announced.

The exchange strongly recommends that all users submit withdrawal requests before August 26 at 05:00 UTC. However, this timestamp is a recommendation rather than a hard cutoff.

Withdrawals not completed within the recommended window will be processed through a dedicated procedure whose specific arrangements and documentation requirements have not yet been disclosed. BitMart noted that high request volumes, additional documentation needs, blockchain congestion, and compliance or risk reviews may extend processing times.

The exchange plans to fully cease trading platform operations on January 31, 2027, at 15:59 UTC. Following that date, users will retain login access for a limited period to review records and submit withdrawals under whatever procedures are then in effect. The extended timeline from the July 2025 initial suspensions through the 2027 final cessation gives users a prolonged window to complete asset recovery, though the specific withdrawal procedures that will remain available after each cutoff have not been fully disclosed.