# BitMart to Shut Down After Nine Years, and Its BMX Token Falls About 58%

The exchange will halt trading by August 26 and cease operations on January 31, 2027, giving no specific reason for the closure.

- Published: 2026-07-27T05:22:39.277Z
- Canonical: https://polylog.news/crypto/2026-07-27/bitmart-to-shut-down-after-nine-years-and-its-bmx-token-fall
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [CoinDesk](https://www.coindesk.com/markets/2026/07/26/crypto-exchange-bitmart-to-shut-down-after-nine-years-bmx-token-crashes-58), [Polylog editors](https://polylog.news)

BitMart, a centralized exchange operating for nine years, announced it will wind down its global trading platform. The exchange halted registrations, deposits, and new orders at 01:30 UTC on July 26, will stop all trading by August 26, and…

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