Bit.com will Delist all USDT Perpetual and Migrate to USD Perpetual on Oct 28
Dear users,
To provide better service, Bit.com is going to delist all USDT perpetual contracts at 7:30 UTC on Oct 28, 2022, and will list USD perpetual instead. We recommend that you close all USDT perpetual open positions before trading service stops to avoid auto-liquidation of your positions.
Please note
Please close all your USDT perpetual open positions at Bit.com and cancel USDT perpetual open orders before delisting.
If you have open orders for USDT perpetual contracts when delisting, the system will automatically cancel them.
If you still have open positions of USDT perpetual after delisting, they will be automatically closed or settled. The system will adopt USDT-M futures settlement price at 8:00 UTC on the day of delisting as closing price.
Under the borrow mode of the UM account, you could open positions of USD margined futures with USDT as collateral.
https://helpcenter.bit.com/hc/en-us/articles/11834359935641
