Bitget Bans Residents of Russia, Kazakhstan and Belarus, Sets Strict Deadlines for Position Closure and Asset Withdrawal
Cryptocurrency exchange Bitget has added Russia, Kazakhstan and Belarus to its list of prohibited jurisdictions, effectively barring residents of these countries from the platform.
The updated user agreement was published on 16 October. Affected clients are being contacted individually through email, the mobile application and push notifications containing detailed instructions and a strict timeline.
From 10:00 Moscow time on 18 October, new trades, orders and subscriptions became unavailable. Users have until 10:00 Moscow time on 21 October to close all open positions and withdraw their assets. Any positions that remain open after the deadline will be closed automatically by the exchange.
Starting at the same time on 21 October, login access to affected accounts will be restricted. The public notice does not state the exact reason for the restrictions, although the move aligns with broader sanctions-related compliance requirements faced by crypto platforms.
The development serves as a reminder that continued access to cryptocurrency exchanges depends not only on passwords and account balances but also on the current version of the platform’s terms of service.
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