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BitMart Shutting Down, What Happens to SASEUL (SL) Withdrawals? Is SL Delisted?

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#BitMartShutdown#ScamAlert

BitMart is shutting down. What happens to SASEUL (SL) withdrawals?

No notice delisting SL on its own. The whole exchange stopped trading

Deposits stopped

July 26, 2026

All trading stopped

August 26, 2026

Planned end of operations

January 31, 2027

Based on BitMart's official notice (posted July 26, 2026, checked again September 27). Times are in UTC.
Comic drawn as a group chat screen, 'The exchange closed!'. The dialogue is right below under 'Read the comic as text'
SASEUL Mining Chat Room, episode 2, 'The exchange closed!'. The people and the chat room are made up from several stories mixed together.
Read the comic as text
  • Mrs. Park: This is bad. BitMart is closing?? My coins are there :(
  • Mr. Kim: I saw it on the news too
  • Fixer: The official notice says they still take withdrawal requests. But there's a review, so it can be slow. And they say don't send the same request more than once.
  • Mr. Kim: What is a review
  • Fixer: They may ask for more papers, like an ID. Nobody knows yet if everyone actually gets their coins out.
  • (That afternoon)
  • Mrs. Park: (photo of a text: "Send the fast-processing fee first and we'll get your withdrawal out today") I just got this text!! They say if I pay the fee first they'll get it out today
  • The Realist: Don't send anything. BitMart wrote that it never takes fees through personal messages.
  • Fixer: Check your withdrawal history in the official app. And have it sent to your own wallet address.
  • Mrs. Park: From now on I'm keeping my coins in my own wallet :(
  • Mr. Kim: From today I will suspect every text message
  • Mrs. Park: Even texts from your son?
  • Mr. Kim: I will check those

No BitMart notice delisting SL on its own could be found as of September 27, 2026. Delisting means an exchange takes a coin down so it can no longer be bought or sold there.

What did happen is bigger. The whole BitMart exchange stopped all trading on August 26, 2026. So yes, you can't buy or sell SL on BitMart. The SASEUL record book runs separately. On the official block explorer (the official site that shows the record book to anyone), new transactions were still being added on September 27.

Whether you can actually get SL out of BitMart is unknown. BitMart said it takes withdrawal requests, but it also said they go through review, and a September notice mentioned "withdrawal restrictions."

What did BitMart stop, and when?

An exchange is a marketplace for buying and selling coins. On July 26, 2026, BitMart announced its closing schedule in an official notice, "Important Notice Regarding the Orderly Cessation of BitMart Operations". It was posted on July 26, and its edit record shows the same day. When I opened it again on September 27, the schedule hadn't changed.

Date (UTC) Korea time What the notice says
July 26, 2026 01:30 July 26, 10:30 a.m. New sign-ups and deposits stopped step by step. No new orders
August 26, 2026 01:00 August 26, 10:00 a.m. All trading stopped
August 26, 2026 05:00 August 26, 2:00 p.m. Users advised to request withdrawals before this time
January 31, 2027 15:59 February 1, 2027, 0:59 a.m. Planned official end of operations

The notice says that even after operations end, you can still log in, see your records and request withdrawals for a set period. Requests made after the recommended period go to a separate process. As of September 27, 2026, what that process is hasn't been announced yet.

Was SL delisted on its own?

No such notice could be found. On September 27, I searched the BitMart help center for "SASEUL", "SL" + "delist", and "SL Deposit and Withdrawal". These are the SL notices that came up about the listing and about deposits and withdrawals. Two listing celebration event notices and a project profile also came up, but they have nothing to do with delisting.

Date BitMart notice What it says
May 8, 2025 SASEUL (SL) listing Trading as SL/USDT from May 9
May 14, 2025 SL deposits suspended, withdrawals delayed Stopped deposits and delayed withdrawals because of SASEUL network maintenance
May 22, 2025 SL deposits and withdrawals open Said deposits and withdrawals are now available
June 14, 2026 SL deposits and withdrawals suspended Stopped "at the request of the project team"
June 22, 2026 SL deposits and withdrawals to resume Set to reopen on June 22 at 11:30 (UTC)

One BitMart delisting notice from June 15, 2025 has "SL" in its title. But the trading list in the body shows "SLN_USDT", not SL/USDT. It's most likely a different coin with a similar name. After that notice, BitMart still put out separate SL deposit and withdrawal notices in June 2026.

On June 15, 2026 at 0:50 a.m. (Korea time), the official SASEUL Telegram channel also posted a notice. It said that since the evening before, some computers that won at mining couldn't make new record book pages (#78). Neither notice says whether this is connected to BitMart's SL deposit and withdrawal suspension, so that's unknown.

What did the SASEUL side say?

There was no official notice. On September 27, I went through the official SASEUL Telegram notice channel from the first post (#1, June 23, 2022) to the last (#84, September 15, 2026). On September 27, 2026, the number #83 doesn't appear in the channel.

The only notice that mentions BitMart is the May 2025 listing announcement (#65). After BitMart's closure, the only notices were a new version announcement (#82) and a list of mining pool addresses (#84).

BitMart's notice says to request withdrawals through BitMart's own process. For coins left on BitMart, check BitMart's official process first.

Do withdrawals actually go through?

As of September 27, 2026, unknown. No public record showing they work, and no public record showing they don't, could be found. BitMart's notice says this:

Three more notices came after that. On August 21, BitMart said it was looking at a restructuring plan that would reopen part of the business instead of shutting down completely. On September 9, it announced a financial adviser and wrote that "withdrawal restrictions over the past period" had caused worry. On September 16, it opened a feedback portal (bitmart.com/portal), but said the portal doesn't process withdrawals.

What can I do right now?

Log in directly on BitMart's official site or official app and look at your balance and withdrawal history. The notice also says to download and keep your deposit, withdrawal and trading records. You may need them if a process is set up later.

Have withdrawals sent to your own personal wallet address. A wallet address is like an account number for receiving coins. To see if coins arrived, paste your wallet address into the search box on the official explorer, explorer.saseul.com. The search screen is shown in the post for when your coins don't arrive.

If you don't have a wallet to withdraw to yet, SASEUL's official wallet Guardee is covered in the Guardee wallet restore post.

BitMart closure warning on the front page of saseulpool.com, a SASEUL mining pool that isn't official, telling people who received mined coins at a BitMart deposit address to make a personal SASEUL wallet
Front page of saseulpool.com, a mining pool that isn't official (September 27, 2026). It warns people not to receive mined coins at a BitMart deposit address and to make a personal wallet instead.

Don't follow any message saying "pay a fee first and we'll get your withdrawal out". BitMart's notice says:

What should I remember from here on?

Coins you leave on an exchange can only come out through the exchange's own process if it stops. Coins in your own wallet are yours to send, whatever happens to the exchange. But then you have to protect your private key (your wallet's password and seal in one) and recovery phrase yourself.

BitMart's listing record and other basics are on SASEUL basic facts.

Sources

I opened and checked the 10 BitMart notices and every official SASEUL Telegram notice (#1 to #84) myself on September 27, 2026.

Finished reading? These go well with it