List of cryptocurrency exchanges to close in 2026

As of July 27, 2026, ProBit Global and AscendEX have ceased core operations, while BitMEX and BitMart have announced clear shutdown schedules.

This article summarizes the list of cryptocurrency exchanges to be closed in 2026, and distinguishes between “orderly shutdown”, “cessation of operation”, and “official bankruptcy”. If you hold assets on these platforms, you should prioritize confirming the official domain name, closing positioning, submitting withdrawals, and exporting account records, and not wait until the last working day.

List of cryptocurrency exchanges to close in 2026

According to the statistical caliber of this article, as of July 27, 2026, a total of four global centralized cryptocurrency exchanges have stopped core operations or publicly entered an irreversible shutdown process.

It should be noted that the “closed” in the list refers to the cessation of core trading services or the announcement of irreversible shutdown arrangements by the exchange, which does not mean that every exchange has entered court bankruptcy proceedings. Whether user funds can be fully withdrawn cannot be judged solely based on the “shutdown date”.

1. ProBit Global: All services will be discontinued in February 2026

ProBit Global is one of the platforms on this list that has completed its shutdown. The platform announced its service termination arrangements at the end of December 2025, stating that the reasons for the shutdown include changes in regulatory environments and business strategy restructuring. Spot trading ended on January 28, 2026, and standard withdrawal services and other platform services ended on February 26.

After the end of the standard withdrawal period, the platform has set up a delayed asset return phase. The public notice shows that this phase lasts from March 1st to April 1st. The rules for account verification, refundable asset scope, and management fees are different from those for regular withdrawals.

As of the update time of this article, these public processing windows have ended. Users who still have balances should not continue to follow the old withdrawal tutorial, but should save their registered email, identity verification information, account balance screenshots, recharge address, withdrawal records, and transaction hashes, wait for the platform’s subsequent notification, or handle them according to the legal procedures in the applicable region.

There is currently insufficient public information to prove the final repayment ratio of all unextracted assets, so it should not be assumed that users will be able to fully recover their funds.

2. AscendEX: will stop operating from July 1st, and withdrawals will be manually reviewed

AscendEX stated in a user notice released on July 6th that the platform has ceased operations since July 1st, 2026. Core services such as new account registration, recharge, trading, exchange, pledge, and lending are no longer available. The account only retains limited functions such as withdrawal application, identity information update, appeal, customer service, and transaction record export.

Compared with the regular orderly shutdown, the withdrawal status of AscendEX is more uncertain. Since July 6th, the automatic withdrawal function has been suspended, and all withdrawal applications need to be manually reviewed, which may involve identity verification, Anti Money Laundering, sanction, fraud, account balance, and blockchain network availability checks.

The official notice did not promise a specific processing time, nor did it guarantee that all applications could be completed according to the amount displayed in the account. The article can be expressed as “there is significant uncertainty in withdrawals”, but before the official court documents appear, it should not be directly asserted that AscendEX has entered bankruptcy proceedings.

AscendEX’s predecessor was BitMax, so the BitMax name may still appear in some historical emails, recharge addresses, and account records. When users check emails or historical records, they should check both platform names at the same time.

3. BitMEX: Closed on September 23rd, starting from August 26th, only reducing positions is allowed

BitMEX announced that it will close the exchange at 04:00 UTC on September 23, 2026. The platform has stopped registering new accounts and will implement risk restrictions at 04:00 UTC on August 26. Users will not be able to add new trading positions, only reduce existing ones.

After the risk restriction takes effect, the platform can gradually force the closure of positions that have not yet been positioned. At the final closing time, the remaining positions may be immediately positioned. Therefore, users who hold positions should not wait until September 23rd to handle positioning.

After the shutdown time, normal exchange services will stop, but BitMEX stated that users can still log in to their accounts, view wallet balances and historical transaction information, and withdraw remaining funds.

For completed identity verification accounts that still retain balances after the deadline, the platform will charge an account fee equivalent to $50 or an annualized rate of 1%, whichever is higher, and the fee will be charged monthly. Even if withdrawals can still be made after closure, users should handle it in advance to avoid additional fees or manual review.

BitMEX explained the decision to close as the result of a strategic evaluation by its parent company, HDR Global Trading Limited, of its business and the overall cryptocurrency industry. The announcement did not announce that the platform had entered bankruptcy or debt filing procedures, so “exchange shutdown” and “platform insolvent” should be expressed separately.

4. BitMart: Stop trading on August 26th and terminate platform operations on January 31st, 2027

BitMart announced an orderly cessation of trading platform operations on July 26, 2026. New user registration, cryptocurrency and fiat recharge, and new trading orders will gradually cease from 01:30 UTC on that day.

Spot trading, contract trading, and other trading services will all end at 01:00 UTC on August 26th. The platform plans to officially terminate all platform operations at 15:59 UTC on January 31st, 2027.

Although BitMart will not complete its final shutdown until 2027, its shutdown announcement and core trading service deadline both occurred in 2026, so it was included in the list of exchanges to be closed in 2026.

Withdrawals are still available, but the official recommendation is that users complete identity verification, redeem wealth management products, and close transaction positioning before 01:00 UTC on August 26th, and submit withdrawal requests before 05:00 UTC on the same day.

Some withdrawals may be subject to additional review due to identity, device, login address, source of funds, sanctions, or travel rule checks. Submitting a withdrawal request does not mean that the review has been completed, nor does it mean that the transaction has been broadcast to the blockchain.

Users who hold wealth management, pledge, loan, Launchpad or other platform products also need to wait for the redemption and settlement announcement of the corresponding products. After completing the withdrawal, the withdrawal number, transaction hash, arrival screenshot and platform notification email should be saved.

Why can’t we write “shutdown” as “bankruptcy” altogether?

“Bankruptcy” is a term that users often search for, but it is not a precise legal status. Orderly shutdown usually means that the platform stops registering, trading, recharging, withdrawing money or website services according to the schedule announced in advance; stopping operation means that the core function is no longer available, but the account may still retain the withdrawal or appeal entrance; formal bankruptcy usually requires the intervention of the court, liquidator or regulatory authority.

Only when a reliable source clearly supports it, can the article use expressions such as “bankruptcy”, “liquidation”, or “insolvent”. The closure of the exchange does not mean that all user assets have been lost; similarly, the platform still allows login, but it does not mean that user withdrawals can be completed immediately.

If you have all the assets in these transactions, what should you do now?

The safest way to handle it is not to wait for the last day, but to first confirm the official domain name and account status of the exchange, and then clean up each item in the order of “positioning, product, withdrawal, and record”.

1. Manually enter the official domain name of the exchange, check the announcement title and release date. Do not log in to the account through private messages, group chats, or so-called “accelerated withdrawals” links.
2. Inventory main account, sub-account, spot, contract, wealth management, pledge, loan and small balance, record the quantity and status of each asset.
3. Close positioning, cancel pending orders, and stop robot or interface strategies before the date of stopping trading or only allowing reducing positions, to avoid the platform settling on behalf of unknown prices.
4. Confirm that identity verification, two-factor authentication, withdrawal allowlist, and registration email can be used normally. If additional information is needed, only submit it through inbox notification, registration email, or official ticket.
5. Check the currency, receiving address, and blockchain network, conduct small-scale testing first, and then transfer large assets. Save the withdrawal number, transaction hash, and arrival screenshot.
6. Export account balance, transaction records, recharge records, withdrawal records, funding rates, and realized profits and losses, and save announcements, tickets, and emails outside the exchange.

Anti-fraud reminder

Common scams during exchange closures include impersonating customer service, charging “unfreezing fees”, promising priority withdrawals, and demanding account passwords, verification codes, private keys, or mnemonic words.

Official customer service does not require users to provide private keys or mnemonic words, nor does it require users to transfer assets to so-called “secure wallets”. Any message that requires a transfer before processing a withdrawal should be considered high-risk information.

FAQs

Why was BitMart included in the 2026 list but ultimately shut down in 2027?

Because BitMart announced an irreversible shutdown plan in 2026 and will stop all trading services in August 2026. This article counts platforms that will stop core operations in 2026 or enter the shutdown process in the same year, so it also indicates their final termination date in 2027.

Does the withdrawal of a region or the delisting of a certain product count as the closure of the exchange?

Usually not. Exchanges only exit a certain country, close a product, or temporarily stop recharging, which does not mean that the global platform as a whole stops operating. It is necessary to confirm the applicable regions, affected functions, and duration of the announcement first.

How to verify whether the news of “exchange collapse” is true?

First, manually enter the official domain in the browser and search for the help center, announcement, or status page; then cross-check through regulatory documents or reliable media. Only private messages, group chat screenshots, or messages on counterfeit domains cannot be used as a basis.

Will the on-chain transfer records disappear after the exchange is closed?

No. Confirmed on-chain transactions are still retained on the corresponding blockchain, but the transaction records, account balances, and cost basis within the platform usually belong to in-app data, which may not be fully accessible after the platform is closed, so they should still be exported in advance.

Does closing the announcement mean that the user’s balance will be redeemed at the same day’s price?

Not representative. Spot assets, contract positioning, pledged products, and low liquidity tokens may be subject to different settlement rules. Users should check specific product announcements, marked prices, and settlement rules, and cannot speculate the final amount based solely on the total closing date.

Editor’s acceptance prompt: Before publishing, reopen the official announcements of the four exchanges, check whether there are new withdrawal deadlines, account fees, settlement plans or legal procedures, and update the top date of the article. This article is for information organization and does not constitute investment, legal or tax advice.