MBG(Multibank Group) will close lending functionality on Gate on March 16, and users must repay loans before March 17
Gate News bot message, according to Gate official announcement on March 16, 2026
Gate platform announced adjustments to the lending functions of MBG by Multibank Group (MBG). Starting from March 16, 2026, 16:00 (UTC+8), the platform will close new lending functions in unified account spot margin, collateral lending, and isolated margin lending services.
For users with outstanding loans, the platform requires completion of repayment before March 17, 2026, 16:00 (UTC+8). Overdue loans will be automatically settled and repaid by the system at that time point.
The platform stated that this adjustment is based on a regular project review mechanism, aimed at optimizing trading experience and safeguarding user asset security. Spot trading functions remain unaffected.