As Vietnam transitions toward a new licensed framework for digital-asset markets, VBTC – Vietnam’s first and longest-operating Bitcoin trading platform, with 12 years of continued service to the Bitcoin community – has decided to discontinue its VND spot market operations in their current form by 31/12/2026.
Transition timeline
- Effective immediately, onboarding of new clients and new VND deposits into the platform will be discontinued.
- Existing accounts may continue to use the platform for the time being, though we encourage clients to withdraw any dormant balances at their earliest convenience.
- Full closure of VND spot market operations is expected by 31/12/2026.
Further guidance regarding the handling of any remaining VND balances will be provided in advance of that date.
We will continue to share additional information and operational guidance over the coming weeks.
As activity on the domestic VND market has already declined in recent years amid regulatory uncertainty, this transition allows us to wind down these operations in an orderly manner while ensuring a smooth transition for the existing client base.
While VBTC’s VND spot market operations are being phased out, the platform continues to enjoy the support of the wider BitcoinVN Group – one of Vietnam’s most established digital-asset operators. Its European-Vietnamese founding team has built a strong reputation over the years, supported by more than a decade of operational experience, in-house infrastructure, and proven resilience through changing market environments, helping ensure an orderly transition.
Users interested in future developments around VBTC and the wider BitcoinVN ecosystem are encouraged to follow our official communication channels for updates.
