What Bit.com is
Bit.com was a crypto derivatives exchange (futures, perpetuals and above all options) launched in August 2020 by Matrixport, the crypto financial services group founded in 2019 as a spin-off of Bitmain, the world's largest producer of mining hardware. In its early years it had carved out a recognisable role in BTC and ETH options, in direct competition with Deribit. On 27 December 2025 it announced a three-phase shutdown plan for "corporate restructuring": no new registrations, end of spot trading on 31 January 2026, definitive closure and end of withdrawals on 31 March 2026 (Verified: September 2026). Customers were invited to withdraw their funds or migrate to Matrixport's services, which remain operational (lending, structured products, OTC, Cactus Custody institutional custody).
Regulation and licences
- MiCA: not applicable — Bit.com never obtained (nor publicly applied for) a European CASP authorisation and has been closed since 31 March 2026 (Verified: September 2026). It was based in the Seychelles.
- The platform no longer exists; any funds not withdrawn within the migration window must be claimed through Matrixport's channels.
Security
- There are no hacks or losses of customer funds in the exchange's history; the closure was attributed to a group restructuring, not insolvency, and took place in an orderly way with announced withdrawal windows (Verified: September 2026).
Alternatives
For those who were looking for crypto derivatives and options:
- Deribit — the historic reference for BTC and ETH options.
- Bybit — derivatives and spot, with an Austrian MiCA licence for the EU market.
FAQ
Does Bit.com still exist? No. It ceased operations on 31 March 2026, at the end of a three-phase shutdown begun on 27 December 2025. Parent company Matrixport, by contrast, remains active.
Why did Bit.com close? The company spoke of "corporate restructuring": the Matrixport group consolidated its activities around financial services (lending, structured products, custody), disposing of the exchange.
I still have funds on Bit.com: what do I do? The withdrawal window ended on 31 March 2026; the channel indicated by the company is Matrixport support.
Verified sources
- https://www.kucoin.com/news/flash/bit-com-announces-three-phase-shutdown-plan-to-march-31-
- https://www.thestreet.com/crypto/bankruptcy/crypto-exchange-announces-phased-shutdown-by-2
- https://www.cryptopolitan.com/bit-com-set-to-wind-down-operations/
- https://coincodecap.com/matrixport-review
TEAM MEMBERS
LEADERSHIP
HQ OF THE BIT.COM
Singapore
CONTACTS OF BIT.COM
All images, branding and wording are copyright Bit.com. All content on this page is used for informational purposes only. Spaziocrypto has no affiliation or relationship with the company mentioned on this page.
