Trading platform Bit.com: Will systematically scale back its existing business and simultaneously launch a "user asset migration plan".

Odaily Planet Daily reports that cryptocurrency exchange Bit.com has officially announced that due to business adjustments, it will be systematically scaling back its existing operations and simultaneously launching a "user asset migration plan."

Bit.com will continue to release clear and complete user guidance through official announcements, emails, and in-app messages to assist users in completing the asset processing and migration process within the specified timeframe. Specific schedules, procedures, and precautions will be subject to subsequent announcements and guidance.