This notice serves to inform the community that Bitget will delist the NEXA coin from its exchange effective 26 December 2025. Prior to this decision, Bitget applied a Special Treatment (ST) designation and suspended deposits of the asset. Users are advised to withdraw their holdings to a self-custodial wallet or to an alternative exchange.
Exchange Delisting Decision
This is a technical decision by Bitget simply on the marketmaking requirements. It is not to do with any view on Nexa or the price trend or lower trading volumes in recent times. The delisting decision was made by Bitget due to the marketmakers for Nexa not maintaining the required quantity at the 2% band for 7 days even though the 10% bands were properly maintained with 4x liquidity for the whole time. It is worth noting that the marketmaking was maintained at a high level for the previous 6 months.
Despite continued communication and efforts, no changes to the outcome were achieved. The exchange’s position is it has no intention of changing its decision because they need to treat all delisted projects fairly. Other projects that were delisted also failed to meet the platform’s minimum liquidity requirements for more than a week. They are following their standardized rules.
While the Nexa team acknowledges the inconvenience and dissatisfaction this decision may cause, the exchange has confirmed that the decision is final and not subject to revision.
Nexa operates as a decentralized and permissionless network. Participation in the network is open, allowing any individual to run a node, engage in mining, and contribute to network security and decentralization. As a result, the Nexa protocol itself is neither dependent on nor directly impacted by listings on centralized exchanges. Exchange listings often require substantial operational resources, particularly for emerging networks or assets with limited trading activity, and delistings under such conditions are not uncommon.
Guidance for Users
Market participants who rely on centralized exchanges for trading may consider transferring their holdings to other platforms. Users holding Nexa for long-term participation are encouraged to utilize self-custodial wallets. Nexa remains listed on several other exchanges, including MEXC, BingX, Biconomy and BitMart. Accordingly, there is no indication that this development reflects broader market or network concerns. In some cases, reduced fragmentation of liquidity may lead to improved market efficiency on remaining venues.
Conclusion
While exchange delistings are generally undesirable, this action primarily affects Bitget and its users’ access to the asset. The fundamental operation and development of the Nexa network remain unchanged. Long-term network success is determined by adoption, technical robustness, and community participation, rather than by reliance on individual centralized platforms.
Nexa development has advanced the coin’s functionality such that many projects and businesses can build on Nexa. Encouraging that is the goal for 2026 and opportunities for further Tier-1 listing will be found.