exchange earn · Marshall Islands / Global

BitMart Earn and Lending

Product-scoped record for BitMart's centralized Savings, Staking, and Crypto Loans services during the exchange's announced orderly wind-down.

Also known as: BitMart Earn, BitMart Savings, BitMart Staking, BitMart Crypto Loans

Status
Limited
Outcome
Unknown
Confidence
High
Last verified
2026-08-05
Launch2022-08-12
End
Failure reasonVoluntary shutdown
Events5
Evidence9
Products3

Case summary

What happened

BitMart operated flexible and fixed Savings products, staking products, and collateralized Crypto Loans within centrally administered Spot, Earn, and loan accounts. On 26 July 2026 the exchange announced an orderly wind-down, immediately began restricting registrations, deposits, new orders, and positions, and said Earn, Staking, Lending, and other products would be discontinued in phases under product-specific arrangements. As of 5 August 2026, trading cessation scheduled for 26 August 2026 and formal platform termination scheduled for 31 January 2027 were still future events. Product-specific redemption and settlement procedures had not been fully published or completed.

Customer result

Customer outcome

Unknown

The platform remained in an active wind-down. Withdrawal availability and instructions to redeem products are not proof that every fixed-term product matured, every loan or collateral position settled, every compliance review completed, or every customer withdrew. Future August 2026 and January 2027 deadlines are not treated as completed.

Estimated recovery
Not classified. BitMart instructed users to redeem eligible Earn, Staking, Lending, and other investment products and kept withdrawals available, but product-specific settlement procedures and completion across all customer accounts were not established as of 5 August 2026.
Repayment started
2026-07-26
Repayment completed
Confidence
High

Claim or case process →

Asset treatment

Terms risk

Varies by product

Product-specific agreements, asset, term, maturity, collateral, redemption, liquidation, suspension, and wind-down rules must be read separately. Transfer back to a Spot Wallet and availability of withdrawals do not by themselves establish legal segregation, principal protection, or completed recovery.

Affected product
BitMart Flexible and Fixed Savings, Staking, Crypto Loans, Earn accounts, and pledged collateral
Confidence
High

BitMart's reviewed terms distinguish Savings subscriptions, staking assets, loan collateral, and ordinary Spot Wallet balances. Savings assets were transferred to an Earn account and could be used for BitMart operating purposes, staking assets could be deployed on-chain or through other earning activities, and loan collateral remained frozen under platform control. These structures do not support one uniform ownership or segregation conclusion across the product family.

Source: BitMart User Agreement

Known unknowns

Uncertainty

The reviewed announcement does not provide final discontinuation dates for each Earn, Staking, or Lending product, does not establish completion of every redemption or withdrawal, and does not resolve treatment of all fixed-term subscriptions, collateralized loans, frozen collateral, compliance reviews, or post-deadline balances.

Chronology

Historical record

yield program startedMedium impact1 sources

BitMart documents its Earn fixed-savings product

BitMart published an introduction to its Earn hub and fixed Savings products, including fixed terms and stated APYs for supported assets.

This is the earliest reviewed product-specific date, not necessarily the first launch date of every BitMart Earn product.

OtherCritical impact1 sources

BitMart announces an orderly platform wind-down

BitMart announced that it would wind down trading-platform operations and discontinue Earn, Staking, Lending, Launchpad, and other products in phases under product-specific arrangements.

The notice is a schedule and process announcement. It does not establish completion of product redemption, trading cessation, or platform termination as of 5 August 2026.

deposits suspendedHigh impact1 sources

BitMart begins restricting registrations, deposits, and new activity

BitMart began gradually stopping new registrations, cryptocurrency and fiat deposits, new spot orders, new futures positions, and automated trading services as part of the wind-down.

The measures began at 01:30 UTC and were described as gradual. Withdrawal services remained available subject to compliance and security review.

OtherCritical impact1 sources

BitMart schedules cessation of trading services

BitMart scheduled all spot, futures, and other trading services to end at 01:00 UTC on 26 August 2026, with remaining positions subject to applicable settlement rules.

This is a future scheduled event as of the 5 August 2026 review date. It must be reverified after the deadline before being converted to a completed operations-ended event.

OtherCritical impact1 sources

BitMart schedules formal platform termination

BitMart planned to cease trading-platform operations at 15:59 UTC on 31 January 2027 while retaining limited post-termination account and withdrawal access for a specified period.

This is a future scheduled event as of the 5 August 2026 review date and is not evidence that operations have already ended.

Source record

Evidence dossier

Filter by claim, reliability, source type, and whether evidence is linked to a specific event.

Showing 9 of 9 evidence records

Entity

2 sources
Official statementHigh

BitMart Savings product page

BitMart

Describes flexible and fixed Savings, interest calculation, transfers from Spot Wallet to Earn account, and redemption back to Spot Wallet. Marketing language is not treated as a guarantee of principal or return.

Official statementHigh

BitMart Staking product page

BitMart

Describes transfers from Spot Wallet to Earn Wallet and states that assets may be used for on-chain staking or other supported earning activities.

Event

4 sources
Official statementHighEvent linked

BitMart wind-down restrictions beginning 26 July 2026

BitMart · 2026-07-26

Primary source for the gradual suspension of registration, deposits, new orders, new positions, and automated trading services while withdrawals remained available subject to review.

launch date

1 sources
Official statementHighEvent linked

BitMart Earn Fixed Savings Introduction

BitMart · 2022-08-12

First-party introduction to the BitMart Earn hub and fixed Savings products. It is used as the earliest reviewed product-specific date, not proof of the launch date for every Earn feature.

terms risk

2 sources
Official statementHigh

BitMart User Agreement

BitMart

The Savings provisions state that subscribed assets may be used for operating purposes, including loans to clients or affiliates, and distinguish flexible from fixed redemption conditions.

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