According to the information obtained from users, many cryptocurrency Gate.io, one of the first listing stops, has decided to end its activities in the USA and Canada.
Mail Sent to Gate.io Users Living in the USA and Canada
According to the sources, in the e-mails he sent to the users of the cryptocurrency exchange, he stated that the accounts of the users who do not have residence information will be closed.
In addition, it was reported that crypto money users, who live in the USA and Canada, are no longer able to serve them.
In the e-mails sent, the following were requested from the users living in the unserved regions:
- Withdraw all assets in your account.
- Close the spot or leverage orders you have created.
- Close any derivative positions you hold.
- Terminate other (Win/DeFi) services available on the platform.
- You will no longer be able to make deposits.
It has been reported that the accounts of users living in the USA and Canada or who do not provide the requested information to the exchange will be closed after April 30. Users have been asked to withdraw all their assets from the system by April 10.
It was also stated in the mail that users who live in countries without restrictions but receive this mail should not worry and that they will be helped if they show a valid identity document and a document (invoice or bank receipt) confirming their country of residence.
Most altcoin The closure of Gate.io, one of the first launch points, in these regions was met with a reaction from the US and Canadian users.
It is thought that the reason for the Chinese cryptocurrency exchange to terminate its activities in the region is the sanctions applied to Russia or the regulations that can be applied to the cryptocurrency exchanges.
*Not investment advice.