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Homepage/Crypto Exchanges/Bitget Withdrawal Restart: BTC Open, ETH Due Sept. 29
CRYPTO EXCHANGES

Bitget Withdrawal Restart: BTC Open, ETH Due Sept. 29

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Bitget is not flipping a single switch to reopen withdrawals. The exchange is restoring access asset by asset, and the timelines vary. Bitcoin withdrawals are already open, the exchange confirmed; Ethereum is next, with a scheduled reopening on Sept. 29.

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The staged approach signals that Bitget’s resumption of Bitcoin withdrawals was not the all-clear for every coin on the platform. BTC came first. ETH follows on a set date. Other assets, including USDT, have not yet had confirmed timelines published in full. For related coverage, see Bitget Restricts HTX, EXMO, 14 Others Amid Sanctions Crackdown.

BTC Is Open; ETH Has a Date

According to Bitget’s official announcement, Bitcoin withdrawals are live. Ethereum withdrawals are scheduled to resume on Sept. 29. The exchange has not yet publicly confirmed when USDT withdrawals will follow, as the original headline was truncated before that detail was fully disclosed.

That sequencing matters. Users holding ETH on the platform cannot move funds until the Sept. 29 window opens, regardless of when BTC access was restored.

Why the Asset-by-Asset Approach

The phased restart follows a security incident in which a hacker swapped stolen ETH for Bitcoin using THORChain, after THORChain rejected a freeze request. The exchange subsequently identified and patched the vulnerability behind the breach before beginning the staged withdrawal restoration.

Restoring withdrawals one asset at a time gives the exchange a controlled path to verify each asset’s security posture before reopening outflows, rather than exposing all balances simultaneously.

What Bitget Users Need to Check

The practical implication is simple: withdrawal availability is not uniform. A user with BTC on the platform can withdraw now. A user with ETH must wait for Sept. 29. Anyone holding USDT or other assets should monitor the exchange’s official status updates before initiating any withdrawal, because the full restoration timeline has not been confirmed for every token.

The exchange’s history in this incident also includes AMLBot tracing 4 BTC from the hack to Wasabi CoinJoin, suggesting funds from the incident remain in motion. Will the remaining withdrawal windows open on schedule, or will further complications push the timeline back?

Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.

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  • External Source - Referenced domain: theccpress.com
  • External Source - Referenced domain: bitget.com
  • External Source - Referenced domain: cryptoslate.com
  • Byline - Reported by Nathan Sinclair
  • Coverage Desk - Primary editorial category: Crypto Exchanges
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