Good News Bitget withdrawals are coming back ❤️💥
After the massive security incident involving $350M+ in crypto assets, Bitget has announced a phased restart of withdrawals
Here’s the schedule 👇
🟢 September 28
BTC withdrawals
🟢 September 29
ETH withdrawals
🟢 September 30
USDT withdrawals
🟢 October 2
Other tokens, fiat & P2P
So yes, P2P is October 2, not September 2
Bitget initially estimated the affected assets at around $351.6M, later updating the figure to approximately $387.5M after a more complete accounting.
The important part for users 👇
Bitget says its cold wallets remained secure, user account balances were unaffected and its User Protection Fund covers the financial impact of the incident. The fund was reported by Bitget at more than $464M.
Why are withdrawals reopening in phases?
Bitget says the vulnerability has been identified and fixed, while its security teams and external cybersecurity firms are completing additional checks before restoring services step by step.
We’ve seen major exchange incidents before
WazirX, WINGEEX and other platforms have faced serious security incidents, while the FTX collapse also resulted in a lengthy claims and distribution process for creditors
The main lesson is simple
Exchange security matters
And when something this big happens, users naturally want access to their funds as quickly as possible
Bitget is taking a phased approach instead of reopening everything at once
Now let’s see how smoothly the withdrawals actually go 👀
Bitget users, will you withdraw immediately or wait until the full reopening?
After the massive security incident involving $350M+ in crypto assets, Bitget has announced a phased restart of withdrawals
Here’s the schedule 👇
🟢 September 28
BTC withdrawals
🟢 September 29
ETH withdrawals
🟢 September 30
USDT withdrawals
🟢 October 2
Other tokens, fiat & P2P
So yes, P2P is October 2, not September 2
Bitget initially estimated the affected assets at around $351.6M, later updating the figure to approximately $387.5M after a more complete accounting.
The important part for users 👇
Bitget says its cold wallets remained secure, user account balances were unaffected and its User Protection Fund covers the financial impact of the incident. The fund was reported by Bitget at more than $464M.
Why are withdrawals reopening in phases?
Bitget says the vulnerability has been identified and fixed, while its security teams and external cybersecurity firms are completing additional checks before restoring services step by step.
We’ve seen major exchange incidents before
WazirX, WINGEEX and other platforms have faced serious security incidents, while the FTX collapse also resulted in a lengthy claims and distribution process for creditors
The main lesson is simple
Exchange security matters
And when something this big happens, users naturally want access to their funds as quickly as possible
Bitget is taking a phased approach instead of reopening everything at once
Now let’s see how smoothly the withdrawals actually go 👀
Bitget users, will you withdraw immediately or wait until the full reopening?
