# Migrating off BitMart (2026) - Verdict

**Status: Sunset announced · Jul 26, 2026.** BitMart has announced it is shutting down.

Centralized cryptocurrency exchange operating since 2017, offering spot and futures trading, staking and Earn products, with a native BMX token and roughly 9 million registered users.

SOURCE: BitMart official announcement - https://www.bitmart.com/en-US/support/articles/7922665245339/39162120325403/53544595916059

Category: Crypto Exchanges

## What this means

A shutdown deadline has been announced. Close futures positions, redeem Earn and staking products and cancel open orders before all trading ends on August 26, 2026 (01:00 UTC). Withdrawals stay available through the wind-down until the platform officially closes on January 31, 2027 (15:59 UTC), but requests can pass extra compliance checks (KYC, address screening, source-of-funds reviews), so withdraw early rather than waiting. Download account and transaction records before closure; BitMart promises a limited login window afterward for records and remaining withdrawal requests.

## Where to go (live alternatives)

- **Coinbase** - US-listed public company with regulated custody → https://verdict.tools/go/coinbase (rel="sponsored nofollow")
- **Binance** - largest spot and futures venue by volume [status: Degrading, not a live recommendation]
- **Kraken** - long-running exchange with spot and futures [status: Price hike, not a live recommendation]
- **Gate.io** - broad altcoin listings similar to BitMart's coverage → https://verdict.tools/go/gate-io (rel="sponsored nofollow")
- **MEXC** - wide small-cap altcoin selection and futures → https://verdict.tools/go/mexc (rel="sponsored nofollow")

## FAQ

### Is BitMart really shutting down?
BitMart has announced a shutdown as of Jul 26, 2026. SOURCE: BitMart official announcement - https://www.bitmart.com/en-US/support/articles/7922665245339/39162120325403/53544595916059

### What should I do with my data?
Close futures positions, redeem Earn and staking products and cancel open orders before all trading ends on August 26, 2026 (01:00 UTC). Withdrawals stay available through the wind-down until the platform officially closes on January 31, 2027 (15:59 UTC), but requests can pass extra compliance checks (KYC, address screening, source-of-funds reviews), so withdraw early rather than waiting. Download account and transaction records before closure; BitMart promises a limited login window afterward for records and remaining withdrawal requests.

### What is the best alternative to BitMart?
Consider Coinbase, Binance, Kraken - all live.

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Canonical: https://verdict.tools/migrate/bitmart