Bitget Spot Margin Announcement
Bitget has announced the suspension of UXLINK/USDT margin trading services effective from September 29, 2025, at 03:00 UTC. This announcement affects the borrowing and lending features of the UXLINK/USDT trading pair.
Key Details of the Suspension
- Trading Pair: UXLINK/USDT has been designated as the relevant trading pair.
- Closure of Features: The borrowing and lending services associated with this trading pair will cease immediately.
- Position Management: Users who hold positions in the UXLINK/USDT pair will experience automatic liquidations at the specified time. Additionally, all pending orders in margin accounts for this pair will be canceled, and users’ outstanding liabilities will be liquidated.
- Account Transfer: Assets related to UXLINK/USDT will automatically transfer to the users’ spot accounts.
As a responsible trading platform, Bitget urges users to take proactive measures to minimize any potential losses:
- Close Positions: Users are advised to close their existing positions.
- Withdraw Orders: It is crucial to withdraw any open orders related to UXLINK/USDT.
- Repay Loans: Ensure that all loans associated with this trading pair are repaid to avoid automatic debt liquidation.
- Risk Awareness: For those using cross-margin, other tokens in the wallet may be liquidated to cover delisted tokens.
Risk Warning
Investors should always be aware of market risks. Cryptocurrencies are subject to volatility, and users should develop suitable risk management strategies. Bitget will assume no responsibility for any losses incurred due to the suspension of trading services.
Conclusion
This measure reflects Bitget’s commitment to maintaining a secure trading environment. The suspension highlights the need for users to stay informed about their positions and responsibilities on the platform.
Bitget is a leading global crypto exchange that prioritizes user safety and regulatory compliance.
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