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Bitget Suspends BTW/USDT Spot Margin Trading

Bitget announces the suspension of transfer, borrowing, and spot margin trading services for the BTW/USDT trading pair.

Bitget Suspends BTW/USDT Spot Margin Trading
Image: BullishMarketCap

Crypto exchange Bitget has announced the removal of the BTW/USDT spot margin trading pair, alongside the closure of related margin trading services, according to Bitget_Announcements. The action is scheduled to take place at 10:00 on October 15, 2026 (UTC).

Suspension of Services

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Ahead of the delisting timestamp, Bitget has already suspended transfer and borrowing services for the relevant trading pair. Users holding open positions when the cutoff is reached at 10:00 on October 15, 2026 (UTC) will have their positions automatically closed by the platform.

Account Liquidation and Asset Transfer

At the scheduled closure time, the exchange will cancel all pending orders in margin accounts for the pair and liquidate any outstanding liabilities. Assets associated with the relevant trading pair will be transferred automatically to users' spot accounts. For cross-margin accounts, positions across all tokens may be liquidated in order to facilitate the transfer of delisted tokens to the spot account.

Bitget strongly advises users to manually close positions, withdraw orders, repay loans, and transfer funds beforehand to avoid potential losses. The platform notes that cryptocurrencies and margin trading carry inherent market risks and volatility.

Key facts

  • The BTW/USDT spot margin trading pair will be removed on October 15, 2026, at 10:00 UTC.
  • Transfer and borrowing services for the pair are already suspended.
  • Open positions and pending orders will be automatically closed and canceled at the cutoff time.
  • Assets will be automatically transferred to users' spot accounts following liquidation.
$USDT#Bitget#MarginTrading#Crypto

Source: bitget.com

This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.

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