Bit.com announces it will orderly scale down its existing operations and launch a "User Asset Migration Program"

TechFlow news, on December 27, according to an official announcement, due to business adjustments, the cryptocurrency exchange Bit.com will gradually scale down its existing operations and simultaneously initiate a "User Asset Migration Plan."

Bit.com commits to completing all transparent and traceable user asset migration work within a defined timeframe.

Effective immediately, Bit.com will suspend new user registrations. Existing users may still log in normally, view their assets, and participate in the migration process.

All spot assets will remain queryable. Spot trading functionality will cease on January 31, 2026.

All users holding futures account balances, positions, or unsettled profits and losses will have new position opening functionality suspended effective immediately, with only position closing permitted.