• 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

Sky Governance Forum Emphasizes Editorial Policy

chest

The Sky Governance Forum has established a strict editorial policy that focuses on accuracy, relevance, and impartiality.

user avatarAndrew Smith

Ethereum Derivatives Show Bearish Sentiment as Funding Turns Negative

chest

Ethereum derivatives have experienced negative funding rates since June 5, indicating a bearish bias in the market.

user avatarJacob Williams

Crypto Derivatives Traders Show Caution After Bitcoin Selloff

chest

Crypto derivatives traders have become more cautious following a significant selloff, as indicated by the Block Scholes Risk Appetite Index dropping below 0.05.

user avatarZainab Kamara

Strategy Inc Conducts First Bitcoin Sale Since 2022

chest

Strategy Inc sold 32 BTC in late May 2023 for approximately $2.1 million to fund preferred dividend payments.

user avatarAyman Ben Youssef

Strategy Inc Increases Bitcoin Assets with Recent Purchase.

chest

Strategy Inc, formerly known as MicroStrategy, acquired approximately 1,550 BTC for around $101.3 million between June 1 and June 7, 2023, increasing its total holdings to 845,256 BTC.

user avatarSon Min-ho

New Poll Reveals Americans' Mixed Feelings on AI

chest

A new poll reveals that while Americans are optimistic about AI's potential to improve health, they are also deeply concerned about its economic impact.

user avatarTando Nkube

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.