bitget|Sep 16, 2026 07:26
[Announcement on the Removal of BGUSD Token Collateralized Lending Function]
To further optimize the platform's asset structure and enhance the efficiency and security of user funds, Bitget plans to liquidate loan positions using BGUSD as collateral on September 21, 2026. Users holding loans with BGUSD as collateral are advised to take note of the following schedule and repay their loans in a timely manner.
I. Delisting Schedule
II. User Operation Guide
For lending users: Please ensure that all loan orders using BGUSD as collateral are settled in the collateralized lending section. If not processed in time, the system will enforce liquidation of these positions on September 21, 2026, by Bitget without charging any liquidation fees.
III. Important Notes
Starting from 12:00 PM (UTC+8) on September 21, BGUSD will no longer support redemption, transfers, or other operations. No liquidation fees will be charged for forced liquidation in collateralized lending accounts, and the specific liquidation results will be based on the actual account records. Due to system processing, market conditions, or other uncontrollable factors, there may be slight adjustments to the actual processing and unlocking time. In the event of significant adjustments, Bitget will notify users through an announcement.
Bitget reserves the right to adjust, suspend, or terminate this arrangement based on actual operational needs.
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