Crypto exchange BitMart to shut down after nine years, BMX token crashes 58%
MarketsCrypto exchange BitMart to shut down after nine years, BMX token crashes 58%Users have a month to close trades and six months to withdraw funds, and the exchange gave no specific reason for the closure.By Shaurya MalwaUpdated Jul 26, 2026, 2:55 p.m. 26, and the platform formally ceases operations on Jan. The token was already down about 70% over the past year, so Sunday's drop extended a long decline rather than starting one.The exchange's trading figures are significant, despite the closure.
- ▪MarketsCrypto exchange BitMart to shut down after nine years, BMX token crashes 58%Users have a month to close trades and six months to withdraw funds, and the exchange gave no specific reason for the closure.By Shaurya MalwaUpdated Jul 26,
- ▪26, and the platform formally ceases operations on Jan.
- ▪The token was already down about 70% over the past year, so Sunday's drop extended a long decline rather than starting one.The exchange's trading figures are significant, despite the closure.
CoinDesk files mainly under crypto. We currently carry 177 of its stories.
Opening excerpt (first ~120 words) tap to expand
MarketsCrypto exchange BitMart to shut down after nine years, BMX token crashes 58%Users have a month to close trades and six months to withdraw funds, and the exchange gave no specific reason for the closure.By Shaurya MalwaUpdated Jul 26, 2026, 2:55 p.m. Published Jul 26, 2026, 6:59 a.m. 2 min readMake preferred on ShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailMake preferred on Crypto exchange BitMart to shut down after nine years. (Tim Mossholder/Unsplashed, modified by CoinDesk)#se-_R_99qanpfiupanivb_ .document-body > p:first-of-type::first-letter{float:none!important;font-size:inherit!important;line-height:inherit!important;margin-right:0!important;margin-top:0!important;font-weight:inherit!important}SummaryShowCryptocurrency exchange BitMart will wind down…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Coindesk.
Discussion
0 commentsMore from Coindesk
