LINE's Cryptocurrency Trading Service 'LINE BITMAX' to End on June 1

Methods and Considerations for the Return of Unsupported Assets

LINE Xenesis Inc., a cryptocurrency exchange operator within the LINE Group, announced on the 3rd that its cryptocurrency trading service 'LINE BITMAX' will terminate on June 1, 2026, at 12 PM. Concurrently, the company will also discontinue its cryptocurrency exchange operations.

According to the announcement, the service, which started in 2019, provided an easy environment for trading cryptocurrencies within the LINE app. However, changes in the cryptocurrency market environment and increasing competition have progressed...