BitMart announced on July 26, 2026 that it is winding down its trading platform. To transfer crypto out, finish identity verification, cancel open orders, redeem Earn products, then withdraw eachBitMart announced on July 26, 2026 that it is winding down its trading platform. To transfer crypto out, finish identity verification, cancel open orders, redeem Earn products, then withdraw each

Learn/Spotlight/How to Transfer Crypto from BitMart to Another Exchange Before It Shuts Down?

How to Transfer Crypto from BitMart to Another Exchange Before It Shuts Down?

Author: Sarah Chen

Beginner

Oct 16, 2026Sarah Chen

12 min

BitMart announced on July 26, 2026 that it is winding down its trading platform.

To transfer crypto out, finish identity verification, cancel open orders, redeem Earn products, then withdraw each asset over a matching network to a MEXC deposit address.

Submit withdrawal requests before 05:00 UTC on August 26, 2026; the platform closes on January 31, 2027.

Key Takeaways

BitMart announced its shutdown on July 26, 2026: all trading ends at 01:00 UTC on August 26, 2026, and the platform closes on January 31, 2027.
Submit your withdrawal requests before 05:00 UTC on August 26, 2026, the cutoff BitMart itself recommends.
New spot orders are being phased out, so plan to withdraw each asset as it is instead of converting it first.
Before withdrawing, finish KYC, cancel open orders, close futures positions, redeem Earn balances and download your records.
On MEXC, generate a deposit address for each token, match the network exactly, include any required memo or tag, and pay no deposit fees.
Identified U.S. accounts have an earlier deadline: BitMart asked them to exit by 23:59 UTC on August 8, 2026.

BitMart Shutdown Timeline: The Deadlines You Cannot Afford to Miss

BitMart published its wind-down notice on July 26, 2026, citing its operating conditions, market environment and future strategic direction, and committed to an orderly, phased closure (per BitMart's official notice dated July 26, 2026, retrieved July 27, 2026).

CoinDesk's report on the closure confirmed the same staged timeline: trading ends in August, withdrawals stay open, and the platform ceases operations at the end of January 2027.

Every deadline below comes from BitMart's own announcements, all times in UTC.

Date and time (UTC)	What changes	What to do by then
Jul 26, 2026, 01:30	New registrations, deposits and new trading orders suspended; futures switch to reduce-only; copy trading, grid trading and API services phased out	Stop sending any funds to BitMart and start your exit plan
Aug 8, 2026, 23:59	Deadline in BitMart's separate July 23 notice for identified U.S. accounts	U.S. users: close positions and withdraw everything before this
Aug 26, 2026, 01:00	All spot, futures and other trading services end; open futures positions may be settled at mark price, index price or applicable rules	Cancel all orders and close every position well before this
Aug 26, 2026, 05:00	Recommended cutoff for submitting withdrawal requests	Have every withdrawal request already submitted
Jan 31, 2027, 15:59	Platform officially ceases operations, with a limited login window afterwards	Be fully off the platform long before this date

Data verified as of July 27, 2026 against BitMart's official wind-down notice and its July 23, 2026 notice regarding services for U.S. users.

One detail matters more than the headline dates.

BitMart describes each July 26 measure as taking effect gradually, so exact availability can differ from account to account, and you should treat every service as already restricted rather than testing what still works.

Before You Withdraw: A Six-Step Checklist

BitMart's notice lists the actions users must complete, and the order below follows it.

Review your balances, then complete or update identity verification and security settings. BitMart warns that withdrawals can trigger KYC, device and address reviews, so finish verification before you submit anything.
Cancel all outstanding orders. Anything left open will eventually be cancelled by the system, but doing it yourself keeps your balances clean and countable.
Close all futures positions well before 01:00 UTC on August 26, 2026. Positions still open at the halt may be settled by the platform at mark price or index price under rules it will announce separately.
Redeem eligible Earn, Staking, Lending and Launchpad balances. These products wind down on their own schedules, communicated through dedicated announcements, so check each one rather than assuming a single date.
Download your deposit history, withdrawal history and trading records. You will want them for taxes and record keeping, and access after January 31, 2027 is limited to a login window BitMart has not fully defined.
Do not send new deposits to BitMart. The notice states that deposits made after suspension may never be credited.

One more constraint shapes everything else.

Spot markets began phasing out new orders on July 26, so you should not count on converting small tokens into stablecoins before leaving.

Plan to withdraw each asset as it is, which makes checking the destination's listings the real first step of the transfer.

If you are still choosing that destination, our BitMart alternatives comparison sets out the options.

Step by Step: Moving Crypto from BitMart to MEXC

The walkthrough below uses MEXC as the receiving exchange.

The same address, network and memo logic applies to any on-chain transfer, so the habits here carry over wherever your assets go next.

The same steps for a move between any two platforms are in our complete exchange migration guide.

Step 1: Set Up MEXC and Generate a Deposit Address

Create your account and complete verification first, since doing it while your BitMart withdrawal is already pending only adds waiting time.

MEXC's own KYC verification guide walks through the tiers and documents.

If you want the security background before moving funds, the MEXC asset protection overview covers custody and safeguard measures.

Then generate the deposit address.

Go to Wallets, choose Deposit, then On-Chain Deposit, and search for the token you plan to receive (steps per the official MEXC deposit guide).

Select the blockchain network, generate the address and copy it.

Some networks, such as XRP, TON and EOS, require a memo or tag alongside the address, and MEXC displays both when they apply.

For smaller tokens, also confirm that the contract address shown on MEXC matches the token you actually hold, because two tokens can share a ticker.

Repeat this for every asset you plan to move, since each token and network pair has its own deposit address.

Step 2: Submit the Withdrawal on BitMart

Log in to BitMart, open Assets, then Withdraw, and select the asset (flow per BitMart's help center withdrawal guide, retrieved July 27, 2026).

Choose Send via Crypto Network.

Pick the network that exactly matches the one you selected on MEXC.

A mismatched network is the classic way funds get lost in transit, and neither platform can reliably recover them.

Paste the MEXC deposit address, add the memo or tag if the asset needs one, and enter the amount.

The exact withdrawal fee and minimum for each asset and network are displayed on the withdrawal screen itself.

If BitMart prompts you to confirm the address by email or add it to an address book, finish that step first.

Confirm the request with your two-factor codes and submit.

For a large balance, send a small test amount first, confirm it lands on MEXC, then send the rest.

Step 3: Track the Request and Confirm Arrival

Submitting a withdrawal request does not mean the review is complete or that the assets have been broadcast to the blockchain, and BitMart says exactly that in its notice.

Check the status in your withdrawal history instead of submitting the same request twice, which the notice explicitly asks users not to do.

Requests are generally processed in order of submission, and reviews covering identity, devices, withdrawal addresses, source of funds, Travel Rule compliance and sanctions screening can stretch processing times when volumes spike.

If BitMart needs extra documents, it will ask through in-platform messages, your registered email or its ticketing system, so respond only through those official channels.

Once the transaction is broadcast, you get a TXID you can track on a block explorer.

On the MEXC side, the deposit is credited to your spot account after the required network confirmations, and you can watch it arrive under Recent Deposits or History on the deposit page.

Networks, Memos and Fees: Get the Transfer Details Right

Most transfer failures come from three details: the wrong network, a missing memo, or a token that is not listed at the destination.

The table below covers the checks for the most commonly held assets.

MEXC charges nothing on incoming crypto deposits, so your only unavoidable cost is BitMart's per-network withdrawal fee (deposit policy per MEXC's official zero-fee page).

Asset	Networks to check on MEXC	Memo or tag	MEXC deposit fee	On the BitMart side
USDT	TRC20, ERC20, BEP20 and others; confirm the live list on the MEXC deposit page	Not required	Free	Fee and minimum shown per network at the withdrawal screen
BTC	Bitcoin mainnet; confirm any additional networks in the app	Not required	Free	Fee and minimum shown at the withdrawal screen
ETH	ERC20 mainnet; confirm supported networks in the app	Not required	Free	Fee and minimum shown at the withdrawal screen
XRP	XRP Ledger	Required: destination tag	Free	Copy both the address and the tag exactly
TON, EOS and similar	Native networks	Required: memo	Free	A missing memo means the deposit cannot be credited
Small-cap tokens	Usually a single network; verify the contract address matches MEXC's listing	Varies	Free	Check the token is listed on MEXC before withdrawing

Data verified as of July 27, 2026 against BitMart's official help center and wind-down notice and MEXC's official deposit guide and fee pages.

Will Your BitMart Tokens Have a Market on MEXC?

This is the question that actually decides how your exit goes.

BitMart carried a long tail of smaller listings, and with new spot orders suspended, most holders can no longer convert those tokens into stablecoins before leaving.

Whatever you hold is what you withdraw.

So the destination's listing coverage matters more than any other feature this month.

MEXC lists more than 3,000 cryptocurrencies (per its official pages), which makes it one of the likelier places for a BitMart portfolio to land with its markets intact.

Search each ticker on the MEXC deposit page before you withdraw, and confirm the token, network and contract address all match.

A worked example makes the cost picture concrete.

Suppose you hold ten tokens worth 5,000 USDT in total.

Moving them costs only BitMart's per-network withdrawal fees, because MEXC charges nothing on any of the ten deposits.

Once the assets land, with resting limit (maker) orders, since MEXC's base spot schedule is 0% maker and 0.05% taker, and its current campaign extends 0% pricing to spot pairs under the campaign's terms.

The one cost you cannot undo is a token stranded with no destination market, which is why the listing check comes before the withdrawal, not after.

And if a token you hold is not listed on MEXC or anywhere else available to you, withdraw it to a self-custody wallet you control rather than leaving it behind on a closing platform.

If MEXC does not cover everything you hold, our full guide to crypto exchange alternatives compares the other platforms.

Create your MEXC account and generate your deposit addresses now, before the withdrawal queue builds

A Note for U.S. and U.K. Users

BitMart issued a separate notice on July 23, 2026 asking identified U.S. accounts to close positions, redeem products and withdraw all assets by 23:59 UTC on August 8, 2026, an earlier deadline than the general timeline (per BitMart's official notice regarding services for U.S. users, retrieved July 27, 2026).

BitMart says identified U.S. accounts may be restricted, effective immediately, from new deposits, new positions and new product subscriptions.

MEXC does not accept users from the United States or the United Kingdom under its User Agreement, and its restricted countries list spells out the full set of prohibited jurisdictions.

If you are in either market, move your assets to a platform licensed in your own jurisdiction, or to a self-custody wallet you control, before your deadline.

The network, memo and record-keeping steps in this guide apply the same way wherever you send the funds.

Watch Out for Shutdown Scams

Exchange closures attract impersonators, and BitMart's own notice warns that this risk rises during the wind-down.

The official position is unambiguous.

There are no paid priority withdrawals, no expedited processing fees, no account unfreezing fees and no security deposits.

BitMart staff will never ask for your password, SMS code, authenticator code, private keys or recovery phrase, and they will not contact you for payments through Telegram, WhatsApp or private social accounts.

Anyone offering to speed up your withdrawal for a fee is stealing from you.

Never send assets to a personal wallet address given to you in a chat as a form of verification.

Apply the same discipline on the receiving side: type the MEXC address yourself or use a saved bookmark, download apps only from official stores, and treat unsolicited migration help as hostile until proven otherwise.

Who Should Do What Before August 26

If you hold small-cap tokens or trade actively, open your MEXC account now, run the listing check on every ticker, and move this week rather than deadline week, because requests queue in order and reviews stretch as volume builds.

If you hold only majors for the long term, an exchange account and a self-custody wallet both work, and the deciding factor is simply leaving before the queue forms, not where you land.

For the exchange-account route, our ranking of the best crypto exchanges in 2026 compares the main platforms.

If you are in the U.S. or U.K., your clock is shorter and MEXC is not available to you, so use a licensed local venue or self-custody and treat August 8 as the real deadline if the U.S. notice applies to your account.

FAQ

Is BitMart shutting down?

Yes, BitMart announced an orderly wind-down on July 26, 2026.

All trading ends at 01:00 UTC on August 26, 2026, and the platform closes on January 31, 2027.

What is the deadline to withdraw from BitMart?

BitMart recommends submitting withdrawal requests before 05:00 UTC on August 26, 2026.

Withdrawals remain available during the wind-down until the platform closes on January 31, 2027.

What happens if I miss the recommended withdrawal deadline?

Late requests move to a dedicated procedure that BitMart says it will explain separately.

A limited login window exists after closure, but its terms are not fully defined, so withdraw early.

Can I still trade on BitMart right now?

New spot orders are suspended and futures are reduce-only, so you can close positions but not open new ones.

All remaining trading ends at 01:00 UTC on August 26, 2026.

Does BitMart charge withdrawal fees during the wind-down?

Standard per-network fees and minimums apply and are shown on the withdrawal screen.

There is no paid expedited channel, and anyone selling one is a scammer.

How long do BitMart withdrawals take right now?

There is no fixed time: requests are processed in order and may face identity, address and source-of-funds review.

A submitted request is not yet an on-chain transfer, so track it in your withdrawal history.

Does MEXC charge fees to receive crypto from BitMart?

No, MEXC does not charge deposit fees, so your only costs are BitMart's withdrawal fees.

The MEXC deposit guide shows how to generate each address.

Why is BitMart shutting down?

BitMart cited its operating conditions, market environment and future strategic direction, without giving further detail.

It described the process as an orderly, responsible wind-down rather than an abrupt closure.

Risk Notice

Crypto assets are volatile and on-chain transfers are irreversible, so verify every address, network, memo and deadline against official announcements before acting.

This article is for information only and is not financial, legal or tax advice.

Product availability varies by jurisdiction under the MEXC User Agreement.

Open your MEXC account and move your BitMart assets while withdrawals are still routine

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This article is provided by Sarah Chen for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets involve significant risk. Please conduct independent research or consult a qualified professional before making any investment decisions. The views expressed do not necessarily represent those of MEXC or its affiliates.

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