• 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

Concerns Rise Over Bitcoin's Latest Weekly Candlestick

chest

Concerns rise over Bitcoin's latest weekly candlestick indicating potential crash.

user avatarAyman Ben Youssef

Bitcoin Under Pressure from Ongoing ETF Outflows

chest

Bitcoin is currently experiencing pressure from ETF outflows, impacting its price stability.

user avatarTando Nkube

Charles Hoskinson Urges Cardano DReps to Support Research Funding

chest

Charles Hoskinson urges Cardano DReps to support research funding to maintain the network's identity as a research-led blockchain.

user avatarNguyen Van Long

Vitalik Buterin Outlines Ethereum's Privacy Roadmap

chest

Vitalik Buterin has outlined three near-term upgrades for Ethereum aimed at making privacy a native feature of the network.

user avatarSatoshi Nakamura

Nvidia Reports Record Quarter, Boosts AI Sector

chest

Nvidia reported a record quarter, boosting the AI sector despite Walmart's disappointing guidance affecting the broader market.

user avatarJesper Sørensen

Kevin O'Leary Praises Stablecoins Over Bitcoin

chest

Millionaire businessman Kevin O'Leary has indicated that stablecoins are more valuable than Bitcoin due to their role in the global financial system, highlighting their stability and efficiency in transactions.

user avatarRajesh Kumar

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.