BitMart Shutdown 2026: How to Safely Transfer Your Crypto to BTCC (Step-by-Step Guide)

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Last updated: 07/28/2026 17:04

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In late July 2026, a major piece of news hit the cryptocurrency industry: the veteran exchange BitMart (BMX) suddenly announced that it would gradually cease operations on all its platforms. Immediately after the announcement, the platform’s token, BMX, plummeted by over 60% in a short period, dropping to approximately $0.057.

For the millions of users who held assets on BitMart, the immediate priority was to transfer their tokens out as quickly and safely as possible.

If you are looking for a platform to transfer your funds, BTCC, a long-established exchange founded in 2011, has become the preferred choice for many users. This guide will walk you through the latest shutdown process, help you avoid withdrawal pitfalls, and smoothly migrate your assets to BTCC.

Key Takeaways

  • Act Before the August 26, 2026 Cutoff: BitMart completely halts all spot and futures trading on August 26, 2026, at 01:00 UTC. Close open positions, cancel active orders, and initiate your withdrawal process as early as possible to avoid manual KYC processing delays.

  • Match Networks and Include Tags/Memos: Ensure the network chosen on BitMart (e.g., TRC20) matches the deposit network on BTCC character-for-character. Always fill in required Tag/Memo fields for coins like XRP, XLM, or EOS to prevent irrecoverable fund loss.

  • Always Run a Small Test Transfer: Send a small test amount ($10–$20 USDT) first. Once the funds arrive successfully in your BTCC wallet, proceed with moving the remainder of your balance.

  • Swap Unsupported Altcoins First: If BTCC does not list your specific altcoins, convert them to USDT or TRX on BitMart while spot trading is still open, or withdraw them to a Web3 wallet (e.g., MetaMask) for self-custody.

  • Export Your Trading History Immediately: Download all transaction logs, tax statements, and historical PnL reports from BitMart before platform access shuts down permanently on January 31, 2027.

  • Seamless Migration to BTCC: Operating continuously since 2011, BTCC provides a long-standing, high-liquidity alternative for traders seeking deep order books, robust security, and competitive futures trading fees.

BitMart Is Shutting Down: What Users Need to Do First (Closure Timeline Included)

On July 26, 2026, BitMart officially announced the orderly shutdown of its global trading services (BitMart Shutdown). Following the announcement, the BitMart token (BMX) suffered a severe blow, with a single-day drop of over 60%. Panic is useless; adhering to a clear plan is key.

 Price BMX

Platform Closure Schedule
Date & Time (Standardized) System Status & Required Actions
July 26, 2026 Service Suspension: New user registration disabled.
Funding Restrictions: Crypto and fiat deposits halted.
Trading Changes: Automated services (Copy/Grid trading) terminated.
Futures Mode: Derivatives restricted to “Reduce-Only” mode.
August 26, 2026 Trading Cessation: All Spot and Futures trading fully stops.
User Action: Manually close all open positions and active orders.
August 26, 2026 Withdrawal Deadline: Standard withdrawal request window closes.
Late Requests: Post-deadline withdrawals subject to strict KYC and source-of-funds checks.
January 31, 2027 Final Shutdown: Platform permanently closes all operations.

 

Your Emergency Action Plan:  

Log in to your BitMart account immediately. Cancel all pending limit orders, redeem all tokens in your Earn account, and close your futures positions. Assess your USDT, BTC, and other cryptocurrency liquidity balances to prepare for withdrawals to other reliable and secure platforms such as BTCC.

Before Transferring Cryptocurrency: 4 Things to Confirm in Advance

Many transfer problems can actually be avoided beforehand. Before officially initiating a withdrawal from BitMart, it’s recommended to take a few minutes to check the following items. These may seem like small details, but they are crucial to whether your funds arrive smoothly.

Make sure both platforms use the same blockchain network

This is the easiest step to make mistakes and one of the most common reasons for asset loss.

For example, BitMart typically offers multiple networks for USDT withdrawals, such as TRC20, ERC20, and BEP20. If you are transferring funds to BTCC, the networks selected on both sides must be exactly the same. If the sending and receiving networks are different, your assets may be unrecoverable, so be sure to double-check before submitting a withdrawal request.

Check if a Tag or Memo is Required

Not all cryptocurrencies can be transferred simply by entering your wallet address.

Tokens like XRP, XLM, and EOS usually require a set of tags or memos (sometimes called a Destination Tag) in addition to the receiving address. This string of characters is used to identify the specific account. If you omit any information, even if the blockchain has confirmed the transaction, the funds may not be automatically credited to your account, and you will need to contact customer service for manual processing.

Review the minimum withdrawal amount and network fees

Different blockchain networks have different fees and minimum limits, so it’s best to check the latest rules before transferring funds.

First, confirm that the withdrawal amount meets BitMart’s minimum withdrawal requirement; second, ensure it’s higher than BTCC’s minimum deposit amount, otherwise the assets may not be automatically credited. Additionally, network fees can vary depending on network congestion. Generally, ERC20 fees are higher than TRC20 fees, so many users choose a more suitable network based on fees and processing speed.

Confirm your account security settings are ready

Finally, don’t neglect account security checks.

It is recommended to complete BTCC’s Know Your Customer (KYC) verification beforehand to avoid account restrictions affecting subsequent transactions after depositing. Also, confirm that Google Authenticator (2FA) and mobile verification codes work correctly on both BitMart and BTCC platforms. Problems with login or withdrawal verification may delay the entire asset migration process.

 

Withdrawing Funds from BitMart to BTCC: A Guide

To ensure fund security and simplify the process, it is recommended to open your BTCC account and generate a deposit address before clicking “Withdraw” on BitMart.

This avoids frequent app switching and makes it easier to verify the consistency of the blockchain networks on both platforms at the last step.

Step 1: Generate Your Deposit Address on BTCC

Log in to your BTCC account.

Go to “Assets”“Deposit”.

Select the cryptocurrency you want to transfer.

Choose the correct blockchain network (e.g., TRC20 or ERC20 for USDT).

Copy the deposit address. If a Memo or Tag is displayed, copy that as well.

 

Crypto Deposit

After clearing your positions, follow these steps to initiate a withdrawal from BitMart:

Step 2: Transfer Assets from BitMart to BTCC

Log in to your BitMart account and go to the “Assets” page. Select “Withdraw”.

Select the cryptocurrency you want to withdraw from the currency list (e.g., USDT).

Select the corresponding blockchain network (e.g., Tron / TRC20).

In the “Withdrawal Address” field, paste the corresponding deposit address obtained from BTCC (if applicable, also fill in the Tag/Memo).

Enter the withdrawal amount and confirm the system-calculated fees and expected amount received.

Click Submit, and enter the Google Authenticator (2FA) and email/SMS verification code to complete security verification.

Before starting your BitMart withdrawal, create your BTCC account and generate your deposit address. Having it ready makes the transfer process much smoother.

 

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How to Deposit Crypto into BTCC And Lock In Welcome Deposit Bonuses

Moving your funds out of BitMart isn’t just about mitigating losses; it’s also an opportunity to easily access platform benefits. BTCC offers ongoing deposit matching rewards and transaction fee credits to migrating traders, so don’t miss out on these free funds when setting up your transfer.

To get your crypto across as fast and cheap as possible, here is what you need to focus on inside BTCC:

Claim Your Bonuses First: Once you log into the BTCC app, don’t rush straight to the Assets tab. Take a quick pit stop at the “Benefits” to activate welcome deposit tasks. High-volume traders leaving BitMart often walk away with sizeable deposit matches or futures trading vouchers on their very first transfer.

Pick a Fast, Low-Fee Network: When searching for your deposit token (like USDT), network selection makes or breaks your transfer cost. For lightning-fast confirmation times and tiny gas fees, stick with TRC-20, BEP-20, or Solana. Only go with ERC-20 if you’re moving large sums and prefer Ethereum mainnet security. Bottom line: the receiving network on BTCC must match the sending network on BitMart 1:1.

Copy Clean & Verify for Malware: Tap to generate your custom deposit address (and copy the Memo/Tag if you’re sending XRP or XLM). Since clipboard-hijacking malware is common during high-volume market moves, always visually double-check the first four and last four characters after pasting into BitMart.

Once you submit the request on BitMart, on-chain confirmations usually take anywhere from 2 to 10 minutes depending on the chain you pick. After that, your balance will reflect safely in your BTCC account, ready for action.

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The transfer is complete. What’s next?

Once the blockchain confirms the funds have successfully arrived in BTCC, the transfer process is essentially finished. However, before proceeding to the next step, it’s recommended to take a few minutes to check your account information to ensure everything is normal.

First, log in to BTCC and verify the arrival record on the “Assets” or “Deposit History” page. Confirm that the deposit amount, currency, and arrival time match your transfer record. If you transferred multiple cryptocurrencies at once, it’s advisable to check each one to avoid omissions. Simultaneously, you can save the TxID (transaction hash) provided by BitMart and check the transaction status in the corresponding blockchain explorer to maintain a complete on-chain record for future reconciliation or retrieval.

If your BitMart account is still accessible, consider exporting important data before the platform shuts down, including historical transaction records, deposit and withdrawal details, and profit and loss statements. This information may be useful for subsequent asset verification, tax filing, or personal financial management; backing it up in advance usually saves a lot of trouble.

After confirming your assets, don’t forget to further enhance account security. It’s recommended to enable two-factor authentication (2FA) on BTCC, set up anti-phishing codes, and transfer funds to your spot or futures account according to your trading needs to avoid frequent adjustments later.

As for how to arrange your assets next, that depends on your investment plan. Some users will continue to hold their assets long-term, temporarily storing them in their accounts; others will choose to participate in market trading immediately. BTCC offers over 400 spot trading pairs and over 400 futures markets.

If you want to familiarize yourself with the platform’s operation, you can also practice the order placement process using demo trading; for users who want to refer to professional trading strategies, you can also experience copy trading. If your purpose for this transfer is simply to safely move your assets out of BitMart, then temporarily keeping the funds in BTCC until you need to trade is also a relatively safe option.

Common Transfer Mistakes and How to Avoid Them

Most on-chain transfer failures are not due to problems with the blockchain itself, but rather to overlooking certain details during the operation. The following are some of the most common errors users encounter:

1. Choosing the Wrong Blockchain Network

This is the most common and most serious mistake.

For example, when withdrawing USDT from BitMart, you might choose the ERC20 network but send the assets to a TRC20 deposit address on BTCC. Since the two blockchains are independent, the funds usually won’t arrive automatically, and recovery is very difficult, sometimes even impossible.

How to avoid this:

Before submitting a withdrawal request, don’t just look at the cryptocurrency name; carefully check the network type displayed on both sides, such as ERC20, TRC20, BEP20, or Arbitrum, to ensure they match completely before proceeding.

2. Forgetting to Fill in the Memo or Tag

Some cryptocurrencies require additional identification information besides the wallet address.

Taking tokens like XRP, XLM, and EOS as examples, if BTCC displays a Memo (or Destination Tag) on ​​its deposit page, this information is mandatory. If omitted, even if the blockchain transaction is confirmed, the assets will not be automatically allocated to your account. You will typically need to contact customer service and submit supporting documentation, a process that can take several days.

How to avoid this:

If BTCC’s deposit page provides a Memo or Tag, please copy it completely to your BitMart withdrawal page. Do not modify it or leave it blank.

3. Transfer amount below the minimum deposit requirement

Many users believe that the platform will definitely receive funds once the blockchain transaction is successful, but this is not the case.

Most exchanges set a minimum deposit amount. If the transfer amount is below BTCC’s minimum deposit requirement, even if the transaction is recorded on the blockchain, it may not be automatically credited to your account, and you may even need to request manual processing.

How to avoid this:

Before transferring funds, check the minimum deposit amount published on the BTCC deposit page, and reserve a certain balance to pay network fees to avoid the actual amount received being lower than the platform’s requirement.

What If BTCC Doesn’t Support Your Token?

BitMart became well known for listing a large number of emerging and long-tail altcoins, while BTCC focuses primarily on highly liquid, widely traded cryptocurrencies.

As a result, some assets available on BitMart may not be supported for deposits on BTCC. If that happens, you still have several practical options.

Option 1: Convert to a Supported Asset Before Withdrawing (Recommended)

For most users, this is the simplest and most efficient approach.

If BitMart was still able to offer token exchange services before suspending its services, consider exchanging unsupported tokens for a widely supported asset such as USDT or BTC. You can then withdraw those assets directly to your BTCC account.

Many users prefer USDT on the TRC20 network because it typically offers lower fees and faster confirmation times than other networks.

Option 2: Withdraw to a Self-Custody Wallet

If you’re planning to hold a token for the long term rather than sell it immediately, transferring it to a self-custody wallet may be a better choice.

Wallets such as MetaMask or Trust Wallet allow you to retain full control of your assets until another exchange supports deposits for that token.

Keep in mind that self-custody also means you’re fully responsible for your private keys and recovery phrase. If those credentials are lost, the assets generally can’t be recovered.

Option 3: Consider Your BMX Holdings Carefully

BMX derives much of its value from the BitMart ecosystem, including trading fee discounts, platform rewards, and other exchange-related utilities.

If the platform ceases operations, many of those use cases could disappear, which may continue to affect market demand for the token.

If you still hold BMX, consider reviewing your investment strategy and risk tolerance. Depending on your situation, converting it into a more liquid asset such as USDT before withdrawing may be a practical option.

Why Are Many BitMart Users Moving to BTCC?

When an exchange shuts down, users usually have two priorities: protecting their assets and getting back to trading with as little disruption as possible.

For many former BitMart users, BTCC has become one of the platforms they consider during that transition.

Founded in 2011, BTCC is one of the longest-operating cryptocurrency exchanges in the industry. It has remained active through multiple market cycles, including major bull and bear markets, giving it a long operating history compared with many newer platforms.

BTCC focuses on highly liquid digital assets such as BTC, ETH, XRP, SOL, and USDT. For traders who primarily deal with major cryptocurrencies, this often means deeper liquidity, more consistent execution, and a smoother trading experience.

Ease of use is another factor. Users moving assets from another exchange generally want the migration process to be straightforward. BTCC offers a relatively simple deposit and withdrawal workflow, a clean interface, and responsive customer support, making the transition easier for users relocating funds after the BitMart shutdown.

Ultimately, choosing a new exchange isn’t just about lower fees or promotional offers. During an exchange closure, long-term operational stability, strong security practices, and reliable asset support are often far more important than short-term incentives.

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Disclaimer: The views and opinions expressed in this article are solely those of the author and are for informational purposes only. They do not constitute investment, legal, or any other professional advice. The content does not represent the official position of BTCC and should not be interpreted as an endorsement or recommendation of any specific product or service.
Please be aware that all investments involve risk, including the potential loss of part or all of your invested capital. Past performance is not indicative of future results. You should ensure that you fully understand the risks involved and consider seeking independent professional advice suited to your individual circumstances before making any decision.
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