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Bitget Announces Token Removal: SHM Officially Announced

Bitget will no longer support SHM as of August 22, 2025, due to internal liquidity concerns. Users are advised to withdraw their SHM tokens before this date and look for other active exchanges.

Bitget Officially Announces Removal of SHM Token from Platform
Bitget Officially Announces Removal of SHM Token from Platform

Bitget Announces Token Removal: SHM Officially Announced

The autoscaling blockchain, a pioneer in offering ultra-low fees, is steadfast in its mission to bring smart contracts to mainnet, making a positive difference in the Web3 ecosystem. The team remains focused on building, improving, and increasing adoption, as the blockchain continues to be accessible to everyone.

As of the latest updates, the SHM token is actively traded on several exchanges including Bitfinex, CoinW, KuCoin, and MEXC. However, it is important to note that SHM will be delisted from Bitget as of August 22, 2025, due to Bitget's internal liquidity requirements. Users are advised to withdraw any SHM holdings from Bitget before this date to ensure uninterrupted access to their assets.

The launch of the blockchain, which marks the culmination of three years of building a scalable sharded network, took place in May. Unstablenet, the smart contract testnet, has already been launched, paving the way for the planned go-live with smart contracts on mainnet in Q4 of 2025.

The team's relentless efforts are paying off as more exchanges are expected to recognise the value of the blockchain as the community and usage grow. SHM continues to be actively traded on other exchanges, with a comprehensive list available at our website.

The blockchain's vision is to make decentralization accessible to everyone, and it is a step closer to achieving this goal with each passing day. The journey towards mainstream adoption continues, and the future looks promising for this innovative blockchain.

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