SBI VC Trade and BITPOINT: Nine-Token Retirement Creates Different Withdrawal and Margin Risks

Abstract:Japan's VCTRADE halted APT, ETC and OAS purchases October 7 while BITPOINT stopped purchases/PRO support for BNB, DEP, JMY, OSHI, PEPE and TRUMP. October 28 sales/withdrawal cutoffs, forced JPY conversion and a VCTRADE 50%-to-0% margin haircut matter.

Nine cryptocurrencies lost some purchasing, order-book or deposit functionality across two Japanese retail crypto brands on October 7, 2026. The affected assets are not one unified market event: they belong to two distinct product notices issued by businesses now operating under SBI VC Trade after corporate consolidation.

VCTRADE is retiring APT, ETC and OAS. BITPOINT is retiring BNB, DEP, JMY/JASMY, OSHI, PEPE and TRUMP. Both set major final service dates for October 28 at 13:00 JST, but asset-level withdrawal availability, collateral handling and trading mechanisms differ.

VCTRADE: APT, ETC and OAS

SBI VC Trade says purchases of Aptos, Ethereum Classic and Oasys ended October 7 at 13:00 JST. Sales are scheduled to continue until October 28 at 13:00 JST. Its funding notice also ends OAS inbound transfers at the first cutoff and OAS outbound transfers at the final cutoff.

The critical distinction: VCTRADE does not provide crypto withdrawal services for APT or ETC under this product. Therefore the option to withdraw the original token before delisting is not available there for those two assets. OAS holders can apply to withdraw before the final cutoff, subject to the exchange's acceptance and processing controls.

Margin-collateral haircut: 50% to zero

SBI VC Trade also states that APT, ETC and OAS cease to qualify as deposited collateral for leveraged trading on October 7 at 13:00 JST. Their collateral valuation ratio changes from 50% to 0%. That can instantly lower maintenance-margin ratios and produce forced sales, additional-margin requirements or loss-cut events for a customer with other leveraged exposures.

This is a materially different risk from ordinary spot-pair delisting. A holder can lose usable collateral value even if the coin's market price has barely changed.

BITPOINT: BNB, DEP, JMY, OSHI, PEPE and TRUMP

BITPOINT's notice ended its purchase service and BITPOINT PRO support at 16:00 JST October 7. Deposits for OSHI and JMY also ended then. BNB, PEPE and TRUMP did not have supported inbound-deposit services under that notice; DEP deposits had already been suspended since November 18, 2025.

BITPOINT continues the eligible retail sale service until October 28 at 13:00 JST, which is also the final deadline for eligible withdrawal applications. The separate BITPOINT PRO order book had closed October 7, with remaining orders scheduled for automatic cancellation.

October 28: asset form and execution control change

Both product notices allow the operator to handle residual balances after the final exit window. The current plan is to sell affected remaining coins at a time and through methods judged appropriate by the operator and credit Japanese yen to customer accounts, provisionally during November 2026.

The customer is not promised the price displayed on the October 28 deadline. Final execution can depend on exchange liquidity, slippage, eligible routes and the operator's sale schedule. A forced sale into JPY is economically different from preserving the original coin in a compatible wallet.

OSHI has limited domestic exit options

BITPOINT's September announcement stated that, as of its notice date, it knew of no other Japanese registered crypto exchange handling OSHI. The notice lists other registered venues for some of the remaining tokens, but explicitly warns that the existence of a venue does not mean a transfer from BITPOINT to that venue is technically or compliance-wise possible.

BITPOINT uses the Sygna Travel Rule solution and also imposes waiting periods when users register or modify withdrawal destinations or address tags. Those controls can make a theoretical October 28 withdrawal deadline effectively earlier for a customer who has not configured an accepted destination.

BITPOINT automatic-investment program also ends

The BITPOINT recurring purchase service makes its final purchase on October 7 as part of integration with VCTRADE. Existing periodic orders are not automatically carried over to VCTRADE; customers wishing to continue accumulation need to establish a fresh instruction within the surviving platform. This is separate from token delisting but creates another operational discontinuity.

Legal entity versus product brand

BITPOINT Japan merged into SBI VC Trade effective April 1, 2026. For a transition period, BITPOINT and VCTRADE remain distinct service brands, with different product support and account interfaces. The operator later updated its customer migration guidance on October 7, with prior migration registration planned for November 10.

It is inaccurate to infer that a token removed from one brand is simultaneously removed from every service or all Japanese crypto exchanges.

Timeline

September 2026 — Retirement notices

SBI VC Trade published the nine assets' separate VCTRADE/BITPOINT wind-down notices.

October 7, 13:00 JST — VCTRADE

APT/ETC/OAS purchase and margin-collateral eligibility ended; OAS inbound transfer support ended.

October 7, 16:00 JST — BITPOINT

Six-token purchases and BITPOINT PRO trading ended; JMY/OSHI deposits ended; final recurring-purchase operation occurred on October 7.

October 28, 13:00 JST — Final normal exit

Affected sales and eligible token withdrawals/withdrawal applications end under the respective notices.

November 2026 — Residual conversion

The operator currently envisages selling remaining affected balances and crediting JPY.

Evidence Status

Confirmed — SBI VC Trade / BITPOINT

Exact asset sets; October 7 and October 28 service cutoffs; APT/ETC no VCTRADE outbound-crypto service; OAS withdrawal availability; VCTRADE collateral haircut from 50% to zero; BITPOINT PRO closure, destination restrictions, JPY forced-sale framework and special treatment of OSHI/JMY deposits.

Developing

Actual yen conversion prices, completion dates, which withdrawal destinations are accepted for individual customers, forced-margin settlement totals and final platform-account migration.

Risk Assessment

High asset-form, liquidation and execution risk. The combined nine-token exit is particularly consequential because the withdrawal rights differ by asset and because the collateral haircut can affect leveraged customers who do not intend to sell their underlying coins.

What to Watch Next

Monitor collateral/margin notices, rejected withdrawal requests, approved destinations, October 28 service closure, November JPY credits and changes to BITPOINT-to-VCTRADE account migration procedures.

FAQ

Which nine tokens are affected?

VCTRADE: APT, ETC and OAS. BITPOINT: BNB, DEP, JMY/JASMY, OSHI, PEPE and TRUMP.

Can VCTRADE users withdraw APT and ETC as crypto?

The exchange says those outbound-crypto services are not provided on VCTRADE.

What happened to collateral eligibility?

APT, ETC and OAS collateral recognition fell from 50% to zero on October 7.

Can BITPOINT users still sell before October 28?

Its published sale-service window continues to October 28 at 13:00 JST, although PRO trading ended October 7.

What happens to remaining tokens afterward?

The operator may sell them and credit yen, with the present plan pointing to November.

Does a registered external Japanese exchange guarantee a valid withdrawal destination?

No. BITPOINT warns that travel-rule and operational compatibility can restrict accepted destinations.

Disclaimer

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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