• 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

3 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

Mutuum Finance V1 Protocol Set for Deployment

chest

The V1 protocol of Mutuum Finance is on track for deployment on the Sepolia testnet, paving the way for lending volumes and repayments.

user avatarEmily Carter

Crypto Projects Struggle to Recover from Major Hacks

chest

Nearly four out of five crypto projects that experience a major hack never fully recover due to operational paralysis and loss of trust.

user avatarTomas Novak

Silver Price Surge Reveals Major Banks' Short Position Risks

chest

The recent rise in silver prices has raised concerns about the significant short positions held by major banks, potentially leading to a market crisis.

user avatarKaterina Papadopoulou

Bybit CEO Ben Zhou to Present 2026 Roadmap

chest

On January 29, 2026, Ben Zhou, the CEO of Bybit, will unveil the company's roadmap for the future of digital finance during a keynote in Dubai.

user avatarMaya Lundqvist

Terminology Debate Surrounds XRP Vaulting Practices

chest

A recent discussion has emerged regarding the terminology used by Zach Rector in his commentary on XRP vaulting, highlighting the ongoing debate about how vaulting and liquidity should be described.

user avatarLeo van der Veen

CryptoQuant Highlights Importance of Exchange Inflows in Current Market

chest

CryptoQuant highlights the significance of exchange inflows in the current market, indicating a shift towards capital preservation and profit-taking.

user avatarAisha Farooq

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.