**[BitMart Announces Orderly Cessation of Operations, All Trading Services to Close Starting August 26]** BlockBeats News, July 26: According to an official announcement, BitMart has decided to cease trading operations in an orderly manner after evaluating its business conditions, market environment, and future strategic direction. Starting from July 26 at 01:30 (UTC), BitMart will gradually stop new user registrations, cryptocurrency and fiat deposits, and contract accounts will enter a "reduce-only" mode. Spot trading will no longer accept new orders, and automated services such as copy trading, grid trading, and API trading will also be phased out. From August 26 at 01:00 (UTC), BitMart will cease all spot, contract, and other trading services. Any contract positions that remain open at that time may be settled based on mark price, index price, or applicable settlement rules. Products such as financial management, staking, lending, and Launchpad will be terminated in phases, with specific redemption and settlement arrangements to be announced separately. The platform plans to officially cease trading platform operations on January 31, 2027, at 15:59 (UTC). After the cessation of operations, users will still be able to log into their accounts, view historical records, and submit withdrawal requests within a specified period. BitMart recommends users complete identity verification and close all positions before 01:00 on August 26 and submit withdrawal requests by 05:00 on the same day. Withdrawal services are currently still available, but some requests may be subject to manual review due to requirements such as KYC, device and account security, source of funds, withdrawal address, Travel Rule compliance, and sanctions screening. BitMart reminds users to download and save account balances, deposit/withdrawal, and trading records in advance, and to be vigilant against scams involving impersonators claiming to charge "expedited fees," "unfreezing fees," or requesting passwords, verification codes, private keys, or mnemonic phrases.