The cryptocurrency exchange bit.com announced its closure, will systematically scale down its current business activities, and simultaneously implement a plan to transfer user assets.
The information mentioned in an official announcement, published on December 27th. This move aims to address the cessation of exchange operations and to reorganize user assets during the closure process.
MAIN CONTENT
bit.com confirms the closure of the cryptocurrency exchange.
The exchange will systematically scale back its current business operations.
Implement the user asset migration plan.
bit.com closes and scales back operations
bit.com indicates that the exchange will close and gradually reduce its current business areas according to the roadmap.
According to the official announcement, the closure process accompanies the systematic scaling back of ongoing operations. The newsletter does not detail which business areas will be affected first, nor does it provide a completion date for the closure.
Systematic scaling back usually implies that the exchange will gradually reduce the range of services instead of stopping abruptly, to minimize disruption for users who have positions, assets, or withdrawal/transfer needs. However, the announcement in the original content does not provide additional data about products, trading pairs, or specific changes.
User asset migration plan
bit.com simultaneously launches the user asset migration plan to handle asset transfers/withdrawals when the exchange closes.
The announcement states that the exchange will implement a user asset migration plan. The original content does not specify the migration mechanism, timelines, eligibility criteria, or support methods (e.g., withdrawal to personal wallets or transfer to another platform).
Users need to follow detailed instructions from the official announcement channel of bit.com regarding the scaling back roadmap, migration process, and verification/technical requirements (if any). The newsletter currently only confirms the closure, scaling back operations, and the implementation of the asset migration plan.
Source: https://tintucbitcoin.com/bit-com-thu-hep-chuyen-tai-san-nguoi-dung/
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