Bitgetitwill be discontinuing its services for residents of Japan. Many people likely find themselves in a situation where they have assets in their accounts but are unsure of "what they need to do and by when."
There are two deadlines to keep in mind.Spot trading will stop at 11:00 AM on November 1, 2026, and any remaining positions will be forcibly closed at 11:00 AM on December 31, 2026.On the other hand, the means of withdrawing assets will remain. You won't be unable to withdraw your funds immediately.
However, you should avoid thinking, "It's still okay as long as I can withdraw my funds." This is because the deadline for taking action (forced settlement) is fixed. In this article, we will organize the tasks you need to complete before the two deadlines and explain the points you should consider when choosing a migration destination
Conclusion | Two deadlines to keep in mind withBitgetwithdrawal
- November 1, 2026, 11:00 AM: Spot trading will be suspended (switched to settlement-only mode).If you want to sell spot trading, do so before this time.
- December 31, 2026, 11:00 AM: All remaining open positions willbe forcibly closed. Closures and withdrawals must be completed by this time.
- The withdrawal function itself remains, but the deadline for actions (forced settlement) will not change. It is safer to proceed with settlement and withdrawal as soon as possible.
*This article was created by the MoneyCharger editorial team in accordance with their content creation policy , based onBitgetofficial announcements, official FAQs, and publicly available information from the Financial Services Agency (as of August 2026). This article contains links to MoneyCharger's services (advertisements). Dates, times, and procedures described may change, so please be sure to check the latest information on the official website and official app before actually performing any operations. For precautions regarding cryptocurrency trading, please also refer to the publicly available information from the Financial Services Agency , and for consumer troubles, please refer to the publicly available information from the Consumer Affairs Agency
When will Bitgetwithdraw from Japan? Let's organize the schedule
First, let's review the timeline of what will happen and when.Dates and timesare in Japan Standard Time.
| date | What will happen? |
|---|---|
| August 3, 2026 | Announcement date. New account creation for residents of Japan will be suspended from this date (there is no direct impact on existing users at this time). |
| November 1, 2026 11:00 | The system will switch to Close-Only mode.Spot trading will be suspended. You will no longer be able to open new positions or add to existing ones. |
| December 31, 2026 11:00 | Any remaining open positionswill be forcibly closed. |
Let's address two points that are particularly often misunderstood
① The deadline for selling physical assets and the deadline for closing positions are different
Since spot trading itself will cease at 11:00 AM on November 1st , you need to sell your physical assets before then . On the other hand, you can close open positions such as futures contracts until December 31st . If you assume that you can do something about it by December 31st, you may miss an opportunity to sell your physical assets.
② Not receiving a notification does not mean you are ineligible
The official FAQ states that only users who receive a notification on or after September 17, 2026, will be provisionally considered residents of Japan. However,the notification is a notice to correct the determination of your place of residence, and if you live in Japan, you are subject to this change regardless of whether you receive a notification or not.
The most dangerous scenario is thinking, "I haven't received a notification yet, so this doesn't apply to me." If you live in Japan, please prepare assuming that you will be affected from November 1st
Source:Bitgetofficial announcement (Japanese)/Bitgetofficial FAQ(as of August 2026)
What will remain and what will stop after November 1st following Bitgetwithdrawal?
Some people mistakenly believe that "payment-only mode" means their account is frozen, butthat's not the case. Let's look at the functions that are stopped and those that remain active separately.
| Content | |
|---|---|
| Stop | Spot trading / Opening a new position / Adding to an existing position |
| Remaining | Closing open positions (until December 31) / Withdrawal of cryptocurrency and fiat currency |
The official FAQ also states that the functions that will be disabled are "not limited to these." It is safest to prepare for the possibility that functions not listed in the table above will also become unavailable after November 1st
The withdrawal period and the action deadlineare separate. While the withdrawal function itself is said to be available after December 31st, forced liquidation will be executed at 11:00 AM on December 31st. Don't think "I can still withdraw, so there's no need to rush," we recommend acting quickly.
If you are concerned about withdrawal methods in Japanese yen, it is clear that transferring the cryptocurrency to your own wallet or another exchange is not subject to restrictions
Things to do before Bitget's withdrawal deadline [3 steps]
Now, let's go over the steps to actually get it working. Following these three steps in order will help you avoid having to do the work twice
Step 1. If you want to sell the physical item, do so before 11:00 AM on November 1st
Of the three deadlines,the suspension of spot trading (November 1st, 11:00 AM)is the earliest. If you plan to sell any crypto assets you hold in spot trading to Japanese yen or other currencies, be sure to do so before this time. Spot trading will no longer be possible after November 1st.
Step 2. First, decide which exchange you will migrate to
If you haven't decided on a withdrawal destination, the process will be redundant. Choosing a potential destination beforehand allows you to complete the payment and withdrawal process in a single step. The selection process is explained in the next chapter, "How to Choose BitgetMigration Destination ."
If you haven't decided on a withdrawal destination, the process will be redundant. It's easier to proceed if you look at potential destinations beforehand. → See details of MEXC's cashback.
Step 3. Complete the settlement and withdraw the funds by 11:00 AM on December 31st
We will close any open positions and withdraw funds.Bitgethas officially issued the following appeal:
Bitget's official appeal
"To avoid unforeseen consequences, we request that you close all open positions and initiate withdrawals of funds and assets from your account."
When withdrawing funds,Choosing the wrong network when sending money could result in the loss of your assetsSome cryptocurrencies, such as XRP, require the input of a recipient tag (memo), so please be sure to check the recipient's address, network, and tag
Bitgetto your registered email address will be sending out information regarding future actions and asset management procedures . However, since scams taking advantage of these notification emails are more likely to occur during this period, please also check the " Caution Regarding Phishing Emails and Fake Websites " section below
How to choose a migration destination for Bitget
There's no single "best" alternative to BitgetBitget It's recommended to consider the following points to determine which option best suits your needs
- Tradable securities — BitgetWill the securities I held on
- Trading fees – Some exchanges have different fee structures for spot and futures trading.
- Supported countries/regions — including how you will be notified if the terms of use change, and whether you will be able to withdraw funds.
- Years in operation — Length of operational history
Exchange policies change depending on the circumstances.Bitget, terms of use may also change.not keeping your assets in just one exchange, but also using a separate wallet to manage them yourself. It is also important to check the withdrawal methods and conditions before using a new exchange.
MEXC as a candidate for migration destination
One of the potential migration destinations is the overseas exchange MEXC. It's characterized by its wide range of tradable cryptocurrencies and low fees, making it a similar user-friendly exchange for those who primarily usedBitgetfor altcoins and short-term trading. Basic information is as follows:
| item | Content |
|---|---|
| Establishment | 2018 |
| Area provided | Over 170 countries |
| Registered users | Over 40 million people |
| Brands handled | Over 3,000 types of altcoins |
| Spot trading fees | Maker 0%, Taker 0.05% |
| Futures trading fees | Maker 0%, Taker 0.02% |
| Discounts for MX holders | 20% discount (50% discount for purchases of 500 MX or more) |
Source:MEXC official website(establishment, service area, and registered users confirmed as of August 2026). Fees and the number of tradable securities may change, so please check the latest information on the official website before using the service.
Risks to understand when using MEXC
There is an important premise to consider when thinking about a migration destination.MEXC is not registered as a cryptocurrency exchange in Japan, and the Financial Services Agency (FSA) has issued a warning letter to it.Since it does not offer the same institutional protection as domestic exchanges, please understand this point before deciding to use it (Primary source:FSA warning letter/Kanto Local Finance Bureau).
This is a point of caution that applies not only to MEXC but to all overseas exchanges that are not registered in Japan. Domestic and overseas exchanges have different regulatory statuses, so it's not a matter of one being superior to the other; rather, itto understand their respective characteristics and risks and use them accordingly. When using an overseas exchange, be sure to manage your assets by not leaving them deposited for long periods, and by transferring them to your own wallet as needed.
Steps to withdraw cryptocurrency from Bitget
This sectionBitgetoutlines the procedure for withdrawing cryptocurrency fromwithdrawing in Japanese yen, sending the cryptocurrency directly to your destination exchange or your own walletis a more reliable method. Reading this in conjunction with the next chapter on depositing to MEXC will give you a complete overview of the process.
- Log in to Bitgetand select "Assets" → "Withdrawal"
- Select the cryptocurrency you want to withdraw (e.g., USDT, BTC, etc.)
- Select a network(make sure it matches the network supported by the recipient).
- Enter the recipient's address (the deposit address of the destination exchange, or your own wallet address)
- Enter the quantity, confirm the details, and proceed with the withdrawal (you will be prompted to enter two-factor authentication information)
When withdrawing funds, it's especially important toensure that the sending and receiving networks match. If the networks are different, the funds may not arrive, or you may lose your assets. Also, since each asseta minimum withdrawal amount and network fees, sending a lump sum is more cost-effective than sending small amounts multiple times.
like XRPthat require a recipient tag (memo), please ensure you enter both the address and the tag correctly. Forgetting to include the tag is a common cause of payment problems. Sending a small test transfer before sending the full amount is a safer approach.
If you can withdraw in Japanese yen, that's fine, butthe top priority is to meet the forced settlement deadline (December 31st, 11:00). If you're unsure which method to use, it's easier to think of it this way: first transfer the cryptocurrency to the destination, and then convert it to Japanese yen later when you have more time.
MEXC migration procedure
Steps to transfer assets from Bitgetto MEXC
Here are the steps if you choose MEXC as your migration destination. It's broadly divided into three stages: "Registration → Identity Verification → Deposit". If you want to follow along step-by-step, it's best to prepare your account beforehand
Step 1
Open MEXC via MoneyChat and click New Registration
First, go to the MEXC account creation page by clicking the button below and press "Register Now"
*If you register via the link provided by Moneycha, you will receive cashback for each transaction. Please note that if you register through any other route, you will not be eligible for cashback
Step 2
Enter your email address to register
Enter your email address/phone number in the designated field, agree to the terms of service, and click "Register." The invitation code field is optional; if you register via MoneyChat, the linking will be done automatically
*The email address you register will be used for logging in and receiving verification emails, so please be sure to enter an address that you can access
Step 3
Enter the verification code and set a password
After entering the verification code you received, set a password and press "Confirm". The requirements are "10 to 128 characters" and "at least one uppercase letter, one lowercase letter, and one number". Your account registration is now complete
*The password you set will be used when you log in, so please make sure to write it down so you don't forget it. If you do not receive the email, please also check your spam folder
Step 4
Start Know Your Customer (KYC) verification
Once registration is complete, you will see a message saying "Please complete KYC verification." Press "Verify Now" to proceed with identity verification
*There is a limit to the amount you can withdraw if you do not complete identity verification. Since withdrawal and deposit limits are involved when migrating fromBitget, it is best to complete the verification at this time
Wi5
Select "Authenticate via the web"
Click "Verify via Web" in the "Beginner KYC Verification" section. If you have the MEXC app installed, you can also proceed by clicking "Verify via App"
Step 6
Choose your country and type of identification document
Select "Japan" under "Country/Region," choose one document to submit, and press "Next." The available options are My Number Card, Passport, Driver's License, and Residence Permit
Step 7
Submit the documents and make the payment
Take photos of both the front and back of the document and click "Submit for Review." Once the review is complete, you will receive an email from MEXC stating "Identity verification complete," and your MEXC account will be opened. Next, select the network of the asset you wish to deposit into from the deposit procedure and confirm the displayed deposit address. Specify this address as the withdrawal destination onBitgetand send the funds, then check your fund history to confirm the deposit
The operation of the deposit screen and points to note when selecting a network are explained in detail with images in the MEXC deposit method (5-step explanation)
*If the type of document you select does not match the document you actually photograph, your application will be rejected. When making a deposit, there is a possibility of losing your assets due to incorrect network selection, so please select the same network for both the sending (Bitget) and receiving (MEXC) and do not forget to enter tags (memos) for XRP, etc. Due to travel rules, direct transfers may not be possible from some domestic exchanges
The screen display may change. For actual operation, please also refer to the instructions on the official website and in the app. For more detailed instructions, please also refer to the official MEXC cryptocurrency deposit guide and app download instructions
Beware of scams and risks taking advantage of Bitgetwithdrawal
Beware of phishing emails and fake websites
Bitgethas announced that it will be sending out notifications to registered email addresses in stages,this period is likely to see an increase in scams taking advantage of the situation. You may receive emails with subject lines such as "Withdrawal deadline is approaching" or "Transfer your funds now" that attempt to lure you to fake websites.
to avoid opening links directly in emails and instead check the official website or official app through your bookmarks. Be especially careful of pages that try to get you to enter login information, private keys, or authentication codes.
Cryptocurrency price fluctuation risk
Cryptocurrencies are highly volatile assets. If you rush into buying and selling due to pressure to meet an exit schedule, you may incur losses at unexpected times.Act with ample time before the deadline and make decisions while taking price fluctuation risks into account. If the market changes drastically at the time of forced liquidation (December 31st, 11:00), your position may be liquidated at an unintended price.
Frequently Asked Questions about BitgetWithdrawal from Japan
What happens after December 31st?
Any remaining open positions will be forcibly closed. Your assets will be held in your account until you withdraw them, and you can then withdraw them to your own wallet or another exchange. However, you cannot choose the timing of the forced settlement, so it is safest to complete the settlement and withdrawal before 11:00 on December 31st
Will cryptocurrencies that I only hold as physical assets also be subject to forced liquidation?
The official FAQ uses the phrase "remaining open positions across all products," and does not explicitly mention physical holdings. However, since spot trading will be suspended at 11:00 AM on November 1st, please sell before then if you wish to do so. If you complete settlement and withdrawal by 11:00 AM on December 31st, you will not be affected regardless of which product is affected
I haven't received any notification yet. Does that mean I'm not eligible?
If you live in Japan, you will be subject to the program from November 1st, regardless of whether you received a notification or not. The notification is to correct your residency determination, and not receiving it does not mean you are "ineligible." Those living in Japan should proceed with preparations assuming they are eligible
I received a notification even though I live overseas. What should I do?
You can correct your place of residence with Level 2 Identity Verification (Address Verification/KYC2). The official FAQ recommends completing this by 11:00 AM on November 1st. The official announcement states that if you do not complete this by November 1st, your account will be automatically determined to belong to a resident of Japan. However,neither the official announcement nor the official FAQ specifies how this will be handled if completed after November 1stalong with completing Level 2 Identity VerificationBitgetplease contactThis procedure is for overseas residents to correct their place of residence; if you live in Japan, completing this will not extend your service.
What will happen if I don't take any action?
If you do not take any action and do not correct your registration details, your account will continue to be treated as belonging to a resident of Japan, and your access to the platform may be suspended. To protect your assets, we recommend that you complete your payments and withdrawals by the deadline
Why isBitgetwithdrawing from Japan?
The official announcement states that it is "as part of our ongoing efforts to comply with Japanese regulations," and the official X account explains it as "taking into account compliance and related systems in Japan."Bitgethas not named any specific amended law, so we cannot definitively say that "Law XX is the cause." We will provide further details about the underlying systemic changes in the next question.
Are there any other exchanges that have withdrawn from Japan?
Bybit has already taken the lead. It stopped new registrations for Japanese residents on October 31, 2025, announced the termination of its service on December 22, switched to payment-only mode on March 23, 2026, and withdrew completely on July 22.Bitget's current situation is expected to proceed on a similar schedule
[Supplement] How are regulations on crypto assets changing?
The background to this is the changing regulations surrounding crypto assets. The "Act to Amend Part of the Financial Instruments and Exchange Act and the Payment Services Act" wasenacted on July 15, 2026, and promulgated on July 23.This law shifts the regulation of crypto assets from the Payment Services Act (a law for sending money) to the Financial Instruments and Exchange Act (a law dealing with investments). The Financial Services Agency explains that "while crypto assets are currently regulated under the Payment Services Act from the perspective of a means of payment, they are increasingly being viewed as investment assets."
Penalties for unregistered businesses will also be increased, changing from imprisonment of up to 3 years under the Payment Services Act to imprisonment of up to 10 years under the Financial Instruments and Exchange Act . However, the implementation dates differ depending on the regulations. The increased penalties for unregistered businesses will be implemented on August 12, 2026, while the transfer of crypto assets to the Financial Instruments and Exchange Act will be implemented in stages starting in 2027. Please note that it cannot be simply stated that "it has not yet been implemented."
Source:Financial Services Agency, Summary and explanatory materials on the amended law/Financial Services Agency, Effective date of the increased penalty provisions(as of August 2026)
Summary |Bitgetwithdrawal requires early action by adhering to two deadlines
There are two important deadlines to keep in mind regarding Bitget's withdrawal from Japan. Let's review them again, including the exact times
- November 1, 2026, 11:00 AM: Spot trading will be suspended.If you want to sell spot trading, do so before this time.
- December 31, 2026, 11:00 AM: Open positions will be forcibly closed.Closures and withdrawals must be completed by this time.
While the withdrawal function itself remains, the deadline for withdrawals will not change. Don't procrastinate thinking "I can still withdraw," but ratherdecide on a migration destination as soon as possible and proceed with settlement and withdrawal in a single processfor safety. When choosing a migration destination, compare the available securities, fees, supported regions, and years of operation to select one that suits your needs. If using an overseas exchange, be sure to understand the registration requirements and risks, and make sure you manage your assets so that you don't leave them deposited there.
If you're considering MEXC as your migration destination,opening an account through MoneyChat will allow you to receive cashback for every trade. If you decide on your migration destination by November 1st, you'll only need to complete the withdrawal process once.
＼ Decide on your migration destination by November 1st for a smoother process and receive cash back with every transaction! ／
