Cryptocurrency exchange Zipmex, which imposes some restrictions on the transaction ability of its users, is gradually reopening withdrawals.
Zipmex, one of the crypto money exchanges, with its statement on July 20, Withdrawals from Z Wallets are suspended had announced.
From Z Wallets To Trading Wallets Users who could not transfer funds have been paid with their tokens on the platform since then. buy-sell transaction can’t.
According to the statement made by Zipmex, users will be able to start removing some of their tokens from these wallets in the coming days.
From Z Wallets starting today Left (LEFT) can be pulled. This XRP on August 4 and Cardano (ADA) on August 9 will also be added.
In a statement on the subject, the stock exchange management said:
“We realize this is a small step, but it’s still a step in the right direction. We are aware that many of our users still have their BTC, ETH and stablecoins in Z Wallets. We will start transferring some of these tokens to Trading Wallets from mid-August and will try to act in a completely appropriate way.”
Zipmex’s financial difficulty stems from its relationship with Babel Finance, one of the exchange’s lending platforms. Babel on the platform in June withdrawals of money stopped, Zipmex after this incident Facing a $100 million loss was left.