Bitget will no longer provide services for Hong Kong users

Posted by

Crypto News > Bitget will no longer provide services for Hong Kong users

Bitget, a global digital asset exchange, has announced the launch of BitgetX Hong Kong, a platform for spot and peer-to-peer trading for Hong Kong users. The company aims to apply for a license under the Hong Kong Virtual Asset Service Provider (VASP) regime and will operate under the transitional arrangement created under the regime until its license application is approved.

As of June 1, 2023, the Hong Kong VASP regime will come into force, and will not be able to serve Hong Kong users due to new regulations. Therefore, from April 24, 2023, Hong Kong users of will need to transition to and will no longer be able to access

Users will need to transfer their assets from to Bitget users can use the same login and password on to access their account.

Users will not be able to place new spot, margin, or perpetual contract trades or buy or sell virtual assets on after April 24, 2023. However, they may continue with spot trading and P2P trading on, while perpetual contracts and savings products will not be available.

If users do not wish to transfer their assets to, they may withdraw them into a private wallet by May 15, 2023. Those who have virtual assets that are not supported at may withdraw these tokens to a private wallet or convert them to USDT.

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Crypto Fear & Greed Index