Bitget Bitcoin Withdrawals Reopen Today; ETH Follows Sep 29
Bitget reopens withdrawals in stages after its $387.5 million hack: BTC from 28 September, ETH on 29 September, USDT on 30 September, the rest on 2 October.
Bitget is letting customers take their coins out again. Under the schedule the exchange published after last week's hack, Bitcoin withdrawals reopen from 08:00 UTC (1:30 pm IST) on Monday, 28 September 2026, on the Bitcoin network. Other coins follow over the next four days, ending with fiat and peer-to-peer (P2P) services on 2 October.
Key takeaways
- BTC withdrawals reopen first, on 28 September at 08:00 UTC, on the Bitcoin network only.
- ETH follows on 29 September, USDT on 30 September, and all other tokens, fiat and P2P on 2 October, each at 08:00 UTC.
- The loss is now put at about $387.5 million, including Zcash and TRON taken from hot and warm wallets.
- Bitget says its Protection Fund holds more than $464 million and user balances were not changed.
- Trading and deposits kept running throughout; only withdrawals were paused.
The withdrawal schedule
All times are 08:00 UTC, which is 1:30 pm in India.
- 28 September: Bitcoin (BTC), on the Bitcoin network.
- 29 September: Ether (ETH), on Ethereum, BNB Smart Chain, Arbitrum, Base and Optimism.
- 30 September: Tether (USDT), on Ethereum, BNB Smart Chain, Solana and Tron.
- 2 October: every other token, fiat withdrawals and P2P trades.
Bitget says the flaw behind the attack has been fixed and that outside security firms Mandiant and SlowMist are checking the repairs. Opening one coin at a time lets the exchange watch each network and its wallets before the next one goes live.
How we got here
Attackers drained Bitget's hot and warm wallets on 24 and 25 September, taking XRP, ETH, stablecoins and other coins. Bitget first put the loss at about $352 million (our first report) and later raised it to $387.5 million once Zcash and TRON were counted (update). Circle and Tether froze about $318,000 of the stolen stablecoins, but the hacker has since moved about $83 million of XRP, which cannot be frozen (details). Some reports link the attack to North Korea, but that has not been confirmed.
What Bitget users in India should do
- Expect queues. Many users may try to withdraw at once. Pending requests can take longer than normal.
- Test first. Send a small amount to your wallet and check it arrives before moving the rest. Double-check the network: BTC only goes out on the Bitcoin network today.
- Beware of scams. Fraudsters use events like this to send fake "withdrawal unlock" links, support chats and emails. Only use the official Bitget app or website, and never share your password, 2FA code or seed phrase. Our scam red flags guide lists the common tricks.
- Know the tax rule. Moving your own BTC from an exchange to your own wallet is not a sale, so it does not trigger the 30% tax or 1% TDS. Selling for rupees does.
- Check registration. Bitget is an offshore exchange. Before you use any platform, check whether it is registered with India's Financial Intelligence Unit on our FIU-registered exchanges list, and read FIU's latest action against offshore platforms.
If you plan to keep coins for the long term, a wallet you control is safer than any exchange. See hot wallet vs cold wallet for the options.
FAQ
When will Bitget withdrawals resume?
In stages: BTC from 28 September, ETH on 29 September, USDT on 30 September, and all other tokens, fiat and P2P on 2 October 2026, each at 08:00 UTC (1:30 pm IST).
Are Bitget user funds safe?
Bitget says user balances were not changed and that its Protection Fund, above $464 million, covers the $387.5 million loss.
Why can I not withdraw USDT from Bitget yet?
USDT withdrawals are scheduled to return on 30 September on Ethereum, BNB Smart Chain, Solana and Tron.
This article is AI-assisted, educational and general in nature. It is not financial advice and never a guarantee of profit. Every trade is at your own risk on your own exchange. See our risk disclosure and editorial policy.
