Bitget to resume Bitcoin withdrawals Sept 28
Bitget to resume Bitcoin withdrawals Sept 28 af... Pluang
Source: Pluang · September 26, 2026 at 5:32 PM · AI-assisted report
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KUALA LUMPUR, 27 SEPTEMBER 2026 —
Bitget said it will restart Bitcoin withdrawals at 08:00 UTC on 28 September, with Ether, USDT and the remaining token, fiat and peer‑to‑peer services to follow in a four‑stage schedule that ends on 2 October, after a security incident forced a complete withdrawal freeze on 24 September.
Market Impact
The phased resumption is intended to give the exchange time to verify that the vulnerabilities that enabled the unauthorised transfers have been fully patched and that all network routes are secure before allowing customers to move funds again. Bitget stressed that user account balances were not altered by the breach and that trading and deposits continued uninterrupted while withdrawals were suspended.
The company detected the breach at 18:31 UTC on 24 September, when crypto assets left several of its hot and warm wallets without authorisation. Initial estimates put the loss at about $351.6 million; a later assessment raised the figure to roughly $387.5 million. Bitget said the unauthorised transfers were directed to attacker‑controlled addresses and that the incident involved its own wallet infrastructure, not customer holdings.
In its first public update, Bitget announced that the withdrawal freeze was a “temporary security measure” and that it had already identified and fixed the technical flaws that were exploited. The exchange added that it was conducting further security checks and that the investigation was being assisted by Mandiant, the Google‑owned cybersecurity firm, and the blockchain‑security company SlowMist.
The restart timetable is broken into four stages, each beginning at 08:00 UTC (10:00 German summer time). The first stage on 28 September will reopen Bitcoin withdrawals on the Bitcoin network. The second stage on 29 September will restore Ether withdrawals across five networks – Ethereum, BNB Smart Chain, Arbitrum, Base and Optimism. The third stage on 30 September will allow USDT withdrawals on four networks – Ethereum, BNB Smart Chain, Solana and Tron.
The final stage on 2 October will bring back withdrawals for all remaining tokens, fiat‑currency withdrawals and peer‑to‑peer trading.
Bitget warned that the network list matters for users holding Ether or USDT, because the scheduled date applies to the group of networks rather than each network individually. The exchange did not provide a network‑by‑network breakdown for the remaining tokens slated for the October 2 reopening.
The exchange’s statement that “account balances remained unchanged” refers to customer balances; the unauthorised transfers were confined to Bitget’s own wallets. Bitget told users to rely on notices posted on its platform and official channels for confirmation that each service has become available, and said customers do not need to take any action before withdrawals resume.
The incident has particular relevance for German users. Bitget has not served the German market on a regular basis since January 2026 and lists Germany as a restricted jurisdiction in its terms of use. Nevertheless, any residual balances held by German customers will be subject to the same staggered schedule.
Market data from Pluang on 26 September showed that, despite the withdrawal freeze, most major cryptocurrencies were trading higher. Of the 50 listed assets, 43 posted gains while six fell. Notable movers included Balancer (BAL), which rose 11.14 % to Rp16.297, The Graph (GRT) up 8.66 % to Rp498, and Harmony (ONE) down 11.96 % to Rp44.
Crypto‑news outlets echoed Bitget’s own messaging. CryptoTicker highlighted that the key concern for investors is the timing of fund availability rather than the technical details of the attack, and reiterated the four‑stage schedule.
Crypto News reported that Bitget’s technical team had “identified and fixed the vulnerabilities tied to the incident” and that the exchange was “checking its withdrawal systems before reopening them.” Both sources noted that the exchange’s loss estimate has risen from the initial $351.6 million to about $387.5 million.
Bitget’s next step is to execute the first stage of the plan on 28 September, at which point Bitcoin withdrawals will become available again. The exchange will then monitor the process, verify that the security measures hold across the specified networks, and proceed with the subsequent stages on 29, 30 September and 2 October. Users are advised to watch for official confirmations on the platform before initiating any withdrawals.
Related: Bitget