Dear Users,
In order to ensure the smooth operation of the platform and protect user assets, we have identified an anomaly in the MUSDT futures contract during a routine risk control check. To maintain the health and security of the platform's ecosystem, BitTap has decided to temporarily suspend MUSDT futures trading. The specific arrangements are as follows:
1. Suspension of Trading:
Suspension Time: Starting from 19:00 (UTC+8) on August 30, 2025, trading of MUSDT futures will be suspended.
Impact of Suspension:
Users will not be able to initiate any new MUSDT futures trades (including opening positions, adding margin, etc.).
Users with open positions can still close them but will not be able to open new positions.
Futures settlement and forced liquidation will proceed as normal.
2. Resumption of Trading:
The time for resumption of trading will be announced separately, based on the platform’s repair progress. The platform will make every effort to restore normal trading as soon as possible and will release a notification when trading resumes.
3. Other Important Information:
We advise all users with open MUSDT futures positions to monitor their accounts during the suspension period and close or adjust their positions in a timely manner to avoid unnecessary risks from market fluctuations.
If users encounter any issues during the suspension period or need assistance with managing positions, please feel free to contact our customer support team.
4. Customer Support:
If you have any questions or need assistance, please reach out to us via online customer support or the official website support.
We apologize for any inconvenience caused by the suspension of trading and appreciate your understanding and support. BitTap will continue to strengthen its risk control measures to ensure the best possible trading experience and asset security for our users.
BitTap Team
August 30, 2025