Overview of Delisting Action
On September 19, 2025, Bitget announced the delisting of five spot trading pairs. This decision follows a periodic review of the listed digital assets to ensure compliance with the platform’s quality assurance standards. The trading pairs affected include:
- PPT/USDT
- ISLAND/USDT
- BSW/USDT
- BOSS/USDT
- COREUM/USDT
Reasons for Delisting
Bitget employs a rigorous evaluation process when reviewing digital assets, accounting for numerous factors, such as:
- Trading Volume and Liquidity: Each asset’s market activity is assessed to guarantee traders can buy and sell efficiently.
- Project Team: The involvement and reputation of the team behind the project are crucial.
- Development Status: Ongoing development and innovation in the project are analyzed.
- Network Stability: The robustness of the digital asset’s network, including its smart contracts, is a vital consideration.
- Community Engagement: The activeness of the community is observed as it indicates the asset’s health and usability.
- Project Responsiveness: The team’s responsiveness to issues and concerns plays a significant role in maintaining listing status.
- Ethics and Conduct: Any negligence or unethical behavior can lead to immediate delisting.
Important Dates and Actions
- Delisting Date: September 28, 2025, at 10:00 UTC.
- Suspension of Deposits: As of the announcement, deposit services for these trading pairs have been suspended.
- Withdrawals: Users will still be able to withdraw their assets related to these pairs until December 28, 2025, at 10:00 UTC.
- Order Cancellation: All pending trade orders for the delisted pairs will be automatically canceled prior to the delisting.
Implications for Users
- Users are encouraged to manage any open orders related to the affected pairs promptly.
- Remaining assets in the unified account related to these trading pairs will automatically be transferred to the classic account, post-delisting.
- Crypto Trading Bots: Automated trading with these pairs will also cease; pending orders will be canceled and assets returned to accounts.
- Bitget Earn: The COREUM Simple Earn product will be delisted on September 26, 2025. Users are advised to redeem their investments prior to this date.
What Users Should Do
- Manage Open Orders: It’s essential that users handle any outstanding orders linked to the delisted pairs to mitigate potential losses.
- Transfer Assets: Users should transfer relevant assets to their funding accounts before delisting.
- Redeem Investments in Earn Products: For COREUM holders, take action on your investments in Simple Earn prior to the delisting date.
Market Impact and Future Considerations
The delisting of these trading pairs could have various effects on market dynamics. Investors should watch closely how these changes impact trading volume and liquidity on Bitget. It also serves as a reminder for investors to stay informed and proactive in asset management, especially when dealing with highly volatile cryptocurrencies.
In conclusion, the action taken by Bitget underlines the importance of the security, stability, and ethical considerations surrounding digital assets. Users are urged to conduct thorough research and strategic planning when trading in the crypto market.
For more information, users can visit the Bitget support center for further updates.
Sources: