• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Crypto exchange Bitvo has not agreed to cooperate with FTX

Crypto exchange Bitvo has not agreed to cooperate with FTX

user avatar

by dapp_writer005

4 years ago


Trading platform Bitvo rejected the possibility of working with FTX, arguing that the site had not previously sold tokens from the collapsed cryptocurrency exchange.

One of Bitvo's shareholders, Pateno Payments, stopped the deal to buy FTX Canada and FTX Trading. Representatives of the crypto platform claim that Bitvo continues to operate normally, and this situation has absolutely no effect on its work, and all operations and transactions are carried out strictly according to plan.

Also, Bitvo from the very beginning of its work has always been an independent platform for the implementation of cryptocurrencies and assures that it has absolutely nothing to do with the collapse of FTX, since FTTs have never been placed on it.

We do not work with clients "in debt". And always adhered to this principle. This also confirms our position as a "dealer with limited capacity", set by the Canadian securities regulators.Bitvo

The employees of the organization do not hide their joy that the deal fell through, as they understand how this could affect the work of the entire crypto exchange. It should be noted that there is an element of luck in this, because the deal, they made in June, was awaiting the approval of the Alberta Securities Commission, but they were delayed with the review.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Memecores M Price Surges After Significant Crash

chest

Memecores M price has surged by 848% in daily charts and 934% in weekly charts after a 75% crash, raising questions about the legitimacy of the rally.

user avatarMaya Lundqvist

Solana dApps Generate $257 Million in Revenue in Q2 2026

chest

Solana dApps generated $257 million in revenue in Q2 2026, leading Layer 1 and Layer 2 networks.

user avatarLeo van der Veen

Surge in Solana's Meme Coin Activity Signals Speculative Heat

chest

Surge in Solana's daily token creation to an 80-day high indicates renewed speculative trading, driven by meme coin launch programs and increased activity on Raydium.

user avatarLi Weicheng

Sui Foundation Partners with Paga to Explore Tokenized Assets in Africa

chest

Sui Foundation has partnered with Paga to explore tokenized real-world assets and blockchain financial tools in Africa.

user avatarAisha Farooq

Bitcoin Standard Treasurys Merger Vote Delayed to July 2026

chest

The merger vote between Bitcoin Standard Treasurys and Cantor Equity Partners has been postponed to July 10, 2026.

user avatarTenzin Dorje

BNB Beacon Chain Migration Enters Phase 3 with Self-Service Recovery Tool

chest

The BNB Beacon Chain migration has progressed to Phase 3, introducing a self-service recovery tool for users with BEP2 and BEP8 tokens.

user avatarBayarjavkhlan Ganbaatar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.