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MainNewsBitForex’s S...

BitForex’s Slow Exit: Withdrawal Delays Frustrate Users


by CoinEdition
BitForex Releases New Update, Reassures Users Of Ongoing Asset Withdrawals
  • BitForex reassured users it will continue to process withdrawals.
  • The defunct exchange blamed the delays on workload and the need for verification.
  • BitForex shutdown following police investigation in China.

BitForex, the now-defunct cryptocurrency exchange, issued a reassuring update early Saturday, promising to continue processing withdrawals for users who still have assets on the platform. In a recent X post, the BitForex team explained they’re handling withdrawals in batches and urged those still waiting to be patient.

According to BitForex, the withdrawal delays are due to a significant workload and the need for thorough verification of account information and assets. The exchange also mentioned it’s actively working with other platforms, including OKX and Binance, to address asset freezes that might be affecting some users’ withdrawals.…

The post BitForex’s Slow Exit: Withdrawal Delays Frustrate Users appeared first on Coin Edition.

Read the article at CoinEdition

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MainNewsBitForex’s S...

BitForex’s Slow Exit: Withdrawal Delays Frustrate Users


by CoinEdition
BitForex Releases New Update, Reassures Users Of Ongoing Asset Withdrawals
  • BitForex reassured users it will continue to process withdrawals.
  • The defunct exchange blamed the delays on workload and the need for verification.
  • BitForex shutdown following police investigation in China.

BitForex, the now-defunct cryptocurrency exchange, issued a reassuring update early Saturday, promising to continue processing withdrawals for users who still have assets on the platform. In a recent X post, the BitForex team explained they’re handling withdrawals in batches and urged those still waiting to be patient.

According to BitForex, the withdrawal delays are due to a significant workload and the need for thorough verification of account information and assets. The exchange also mentioned it’s actively working with other platforms, including OKX and Binance, to address asset freezes that might be affecting some users’ withdrawals.…

The post BitForex’s Slow Exit: Withdrawal Delays Frustrate Users appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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Binance Lands $2 Billion From MGX, Deal Done Entirely in USD1 Stablecoin

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Binance Alpha Launch Sends SHADOW Price From $27 to $44 in One Hour

Binance Alpha Launch Sends SHADOW Price From $27 to $44 in One Hour

Sonic Chain’s first major token, SHADOW, has launched on Binance Alpha, and crypto us...