Bitget is set to progressively reinstate withdrawals starting September 28, beginning with Bitcoin, with full operations anticipated to be back online by October 2. The cryptocurrency exchange is gearing up to reopen withdrawal channels following a recent security breach that led to a temporary halt. Bitcoin transactions will be the first to go live, with Ether (ETH) and Tether (USDT) to follow over the subsequent two days. Comprehensive security audits are ongoing as the platform prepares for a staged service rollout.
In a recent update, Bitget announced that it has successfully pinpointed and resolved the flaw connected to the September 24 event. Technical and security personnel are currently performing extra verifications on all withdrawal infrastructure prior to the resumption of operations.
The exchange emphasized that the brief suspension of withdrawals was enacted strictly as a security precaution, rather than stemming from any deficit in customer funds. User balances are entirely secure, and the organization’s Protection Fund will absorb the financial costs resulting from the platform-wide occurrence.
https://x.com/bitget/status/2103695497458557342?s=20
Bitcoin withdrawals are set to restart at 08:00 UTC on September 28 utilizing the Bitcoin network. Following this, ETH withdrawals are slated to open at 08:00 UTC on September 29 spanning the Ethereum, BSC, Arbitrum, Base, and Optimism networks. USDT withdrawals will come back online at 08:00 UTC on September 30 across the Ethereum, BSC, Solana, and Tron networks.
All remaining cryptocurrencies, alongside fiat withdrawals and peer-to-peer (P2P) features, are planned to be restored at 08:00 UTC on October 2. Bitget noted that this step-by-step rollout will be administered uniformly to all users without granting any preferential treatment. The platform’s primary objective is to bring back withdrawals for all supported tokens and networks safely and expeditiously.
Throughout the withdrawal pause, trading and deposits have continued to function normally, and customers do not need to perform any preparatory steps ahead of the reactivation. Options for withdrawals will become visible directly on the Bitget interface as each scheduled phase goes live. Additionally, the digital asset exchange reiterated that user funds remain untouched.
Frequently Asked Questions
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When will Bitget resume withdrawals?
Bitget will begin restoring withdrawals in phases starting on September 28, with all services scheduled to be fully operational by October 2. -
Which cryptocurrency can be withdrawn first?
Bitcoin (BTC) withdrawals will be the first to return, starting at 08:00 UTC on September 28 via the Bitcoin network. -
Are user funds safe during the withdrawal pause?
Yes, user account balances are completely unaffected, and the platform’s Protection Fund is covering the financial impact of the incident. -
Do users need to take any action before services resume?
No, users do not need to do anything; withdrawal availability will show up directly on Bitget as each phase of the schedule takes effect. -
When will fiat withdrawals and P2P services return?
Fiat withdrawals, P2P services, and all remaining tokens are scheduled to come back online at 08:00 UTC on October 2.