“Withdraw Your Money!” from Bitcoin Exchange Coinbase Instruction!

Coinbase, the largest cryptocurrency exchange in the USA It organizes its activities in countries other than the USA.

At this point, Coinabase said in an email that it will stop serving its users in India.

Chinese journalist Wu Blockchain In his post, he wrote that Coinbase said that it would stop providing all trading services to users in India after September 25.

Coinbase said in an email that it would stop providing all trading services to users in India after September 25 and advised users to withdraw all funds in their accounts. Additionally, Coinbase has banned Indian users from registering on the exchange, advising them to download…

— Wu Blockchain (@WuBlockchain) September 11, 2023

According to TechCrunch and Economic Times, in an email to its users in India, Coinbase advised that all trading services will be stopped after September 25 and that they withdraw all money from their accounts by this date.

In addition, Coinbase stated that new users are not allowed to register on the exchange, instead of opening new accounts for users. Coinbase WalletRecommend downloading .

coinbase In his email to his clients, he wrote:

“We are reaching out to notify you that we will discontinue all Coinbase Retail services associated with your specified account and disable access to retail accounts that no longer meet our updated standards for those services.

“The funds of users affected by this decision will remain safe with us and they will be able to withdraw their balances and send them to other crypto service providers until September 25.”

Coinbase spokesperson said in a statement. “In June 2023, we stopped allowing new user registrations to our exchange product in India. We have a robust technology hub in the country and offer live products including our Coinbase Wallet. “We are committed to India for the long term and continue to explore ways to strengthen our presence in this important market.” said.

*Not investment advice.