Bitget continues to address the aftermath of a security incident, announcing a phased restoration of withdrawal services. As of the exchange’s official notice around September 25–26, 2026, withdrawals will resume in stages beginning September 28 at 08:00 UTC, following the temporary pause implemented after the September 24 incident.
The incident still involved a vulnerability that resulted in approximately $387.5 million in assets being drained. Bitget has stated that the flaw has been identified and remediated, user account balances remain unaffected, and its Protection Fund covers the financial impact. Independent experts including Mandiant and SlowMist continue to support the investigation. This comparison underscores the exchange’s focus on controlled restoration while maintaining trading and deposit functionality.
The Drivers of the Phased Resumption
The key factor remains the need for orderly security validation after the breach. Bitget suspended withdrawals as a precautionary measure to complete additional checks across its withdrawal infrastructure. The schedule prioritizes major assets in sequence: Bitcoin withdrawals reopen on September 28 (Bitcoin network), followed by Ether on September 29 across Ethereum, BSC, Arbitrum, Base, and Optimism; USDT on September 30 across Ethereum, BSC, Solana, and Tron; and other tokens, fiat, and peer-to-peer services on October 2.
This stacks with assurances that no further unauthorized transfers are possible and that the same phased approach applies uniformly to all users without preferential treatment. Customers are not required to take any action in advance; withdrawal availability will appear directly on the platform. Only after these staged reopenings and final validations will full service be restored; a sudden full reactivation was avoided in favor of the controlled timeline.
It is essential to distinguish: the approximately $387.5 million figure represents assets drained in the incident (updated from an initial estimate), whereas user balances on the platform itself were not impacted and are covered by the Protection Fund. The resumption plan is mostly an operational recovery process linked to post-incident security hardening.
Impact and Broader Context
As a major cryptocurrency exchange, Bitget’s staged withdrawal restart advances the return to normal operations for its users. Beginning with Bitcoin on September 28 grows the path toward full functionality while allowing continued monitoring. Trading and deposits have remained available throughout, limiting broader disruption. The exchange has also scheduled a CEO AMA session ahead of the first resumption window to address the incident and restoration process.
This sustained response fuels discussions on exchange security practices, the effectiveness of protection funds in covering platform-wide incidents, the role of external cybersecurity firms in investigations, and the importance of transparent communication during recovery. Users and observers will watch the phased rollout for smooth execution and any further updates on the root cause.
Industry participants recognize that temporary withdrawal pauses followed by staged reopenings have become a standard approach after significant security events. Bitget’s September announcements offer insight into how platforms manage the balance between rapid recovery and thorough validation.
As the scheduled dates progress from September 28 through October 2 and any additional details emerge, the full restoration of services will become clearer.
This analysis draws from Bitget’s official support announcement and contemporaneous reporting for precision. The exact timing of each phase and ongoing investigation details remain subject to the exchange’s updates.