Introduction ProBit Global has announced a comprehensive wind-down of its exchange operations amid a shifting regulatory landscape and ongoing strategic restructuringIntroduction ProBit Global has announced a comprehensive wind-down of its exchange operations amid a shifting regulatory landscape and ongoing strategic restructuring

ProBit Global Announces Termination of All Services by April 2026

Probit Global Announces Termination Of All Services By April 2026

Introduction

ProBit Global has announced a comprehensive wind-down of its exchange operations amid a shifting regulatory landscape and ongoing strategic restructuring. The notice maps a staged termination, beginning with a halt on new sign-ups and culminating in a full service shutdown by early spring 2026. For users, the priority is to move assets within defined withdrawal windows and prepare for migration to an Asset Return System. The move underscores the tightening global regulatory environment and the need for proactive asset protection during platform closures.

Key Takeaways:

  • Spot trading ends on 28 January 2026 at 04:00 (UTC+4); all open orders are canceled and deposits are restricted thereafter.
  • Standard withdrawal period runs until 26 February 2026 at 03:59 (UTC+4); withdrawals are allowed without admin fees, mobile app access is suspended, web access only remain.
  • February 26, 2026 to March 1, 2026: Asset Return System migration; marketable assets may be converted to USDT while non-marketable assets are excluded from conversion.
  • Complete termination of services is scheduled for 1 April 2026 at 04:00 (UTC+4); website closure and permanent loss of unwithdrawn assets if not claimed.

Tickers mentioned: $BNB, $BTC, $ETH, $POL, $PROB, $SOL, $TRX, $USDC, $USDT, $XLM, $XRP

Sentiment: Bearish

Price impact: Not explicitly stated. The process centers on service termination and asset withdrawal rather than market activity, with potential value loss for assets not withdrawn by deadlines.

Trading idea (Not Financial Advice): Plan withdrawals within the specified windows, verify KYC compliance, and avoid keeping non-withdrawable assets within the platform past the deadlines. Consider transferring assets to liquid holdings or alternative venues before trading stops.

Market context: The notice notes a regulation-driven environment and aligns with broader shifts affecting exchanges worldwide. An EU/EEA-related termination reference indicates regional regulatory action, while the global emphasis remains on orderly asset retrieval and compliance through the withdrawal periods and Asset Return System.

ProBit Global Announces Termination of All Services

ProBit Global has formally announced a complete wind-down of its services, detailing a structured termination timeline that reflects the intense regulatory pressures facing crypto platforms today. The process starts with an official announcement and the immediate disablement of new sign-ups, followed by a staged halt to spot trading and a transition into a withdrawal-only phase. The firm emphasizes that spot trading will cease on 28 January 2026 at 04:00 (UTC+4), with all open orders canceled automatically and deposit restrictions implemented to control new inflows during the wind-down.

From 28 January 2026 until 26 February 2026 at 03:59 (UTC+4), users can withdraw assets under the Standard Withdrawal Period, though network fees apply. Mobile app access is suspended, and users are directed to web access for withdrawals. The following migration window, from 26 February to 1 March 2026, introduces the Asset Return System. Marketable assets listed by the platform—such as BNB, BTC, ETH, POL, PROB, SOL, TRX, USDC, USDT, XLM, XRP—may be automatically converted to USDT, while non-marketable assets are deemed illiquid and excluded from conversion, effectively ending custodial liquidity for those assets.

Administratively, any assets remaining after the Standard Withdrawal Period may incur ongoing costs, with a monthly administrative fee structure referenced. A late Asset Return Period runs from 1 March to 1 April 2026, offering a final window for users to access converted assets before the site is permanently closed. The notice also reiterates mandatory KYC/AML compliance throughout the process, with withdrawals restricted to verified accounts and potential delays for suspicious activity in line with regulatory standards.

Beyond the operational details, the announcement signals a broader shift in the crypto landscape where regional and global regulators are pressuring platforms to navigate a rapidly evolving compliance regime. For EU/EEA users, the notice confirms earlier service termination and a Withdrawal-Only mode via web access, underscoring the disparate regulatory trajectories that platforms must navigate while safeguarding user assets during orderly wind-downs.

This article was originally published as ProBit Global Announces Termination of All Services by April 2026 on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Market Opportunity
Movement Logo
Movement Price(MOVE)
$0.03782
$0.03782$0.03782
-6.31%
USD
Movement (MOVE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Zero Knowledge Proof Auction Limits Large Buyers to $50K: Experts Forecast 200x to 10,000x ROI

Zero Knowledge Proof Auction Limits Large Buyers to $50K: Experts Forecast 200x to 10,000x ROI

In most token sales, the fastest and richest participants win. Large buyers jump in early, take most of the supply, and control the market before regular people
Share
LiveBitcoinNews2026/01/19 08:00
IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge!

IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge!

The post IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge! appeared on BitcoinEthereumNews.com. Crypto News 17 September 2025 | 18:00 Discover why BlockDAG’s upcoming Awakening Testnet launch makes it the best crypto to buy today as Story (IP) price jumps to $11.75 and Hyperliquid hits new highs. Recent crypto market numbers show strength but also some limits. The Story (IP) price jump has been sharp, fueled by big buybacks and speculation, yet critics point out that revenue still lags far behind its valuation. The Hyperliquid (HYPE) price looks solid around the mid-$50s after a new all-time high, but questions remain about sustainability once the hype around USDH proposals cools down. So the obvious question is: why chase coins that are either stretched thin or at risk of retracing when you could back a network that’s already proving itself on the ground? That’s where BlockDAG comes in. While other chains are stuck dealing with validator congestion or outages, BlockDAG’s upcoming Awakening Testnet will be stress-testing its EVM-compatible smart chain with real miners before listing. For anyone looking for the best crypto coin to buy, the choice between waiting on fixes or joining live progress feels like an easy one. BlockDAG: Smart Chain Running Before Launch Ethereum continues to wrestle with gas congestion, and Solana is still known for network freezes, yet BlockDAG is already showing a different picture. Its upcoming Awakening Testnet, set to launch on September 25, isn’t just a demo; it’s a live rollout where the chain’s base protocols are being stress-tested with miners connected globally. EVM compatibility is active, account abstraction is built in, and tools like updated vesting contracts and Stratum integration are already functional. Instead of waiting for fixes like other networks, BlockDAG is proving its infrastructure in real time. What makes this even more important is that the technology is operational before the coin even hits exchanges. That…
Share
BitcoinEthereumNews2025/09/18 00:32
ZKP Narrows Its Entry Window in Phase I! ARB Releases 96 Million Tokens & ICP Prepares a 70% Cut

ZKP Narrows Its Entry Window in Phase I! ARB Releases 96 Million Tokens & ICP Prepares a 70% Cut

Discover how Arbitrum faces unlock pressure, how Internet Computer plans a major inflation cut, and how Zero Knowledge Proof (ZKP) runs a live presale auction with
Share
CoinLive2026/01/19 08:00