• 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

Bitwise CIO Matt Hougan Bullish on Hyperliquid and HYPE Token

chest

Matt Hougan, Chief Investment Officer at Bitwise, expresses a strong bullish outlook on Hyperliquid and its token HYPE, following the launch of a new ETF.

user avatarMaya Lundqvist

CME Group to Implement 24/7 Trading for Crypto Futures Starting May 29

chest

CME Group will shift its crypto futures and options trading to a 24/7 schedule starting May 29.

user avatarLeo van der Veen

CME Sees 43% Surge in Crypto Futures Volume Amid Institutional Interest

chest

CME reports a 43% increase in crypto futures volume this year, driven by institutional interest and the upcoming launch of Nasdaq CME Crypto Index Futures on June 8.

user avatarLi Weicheng

Project Eleven and Ripple Collaborate to Secure XRP Ledger Against Quantum Threats

chest

Project Eleven has partnered with Ripple to enhance the XRP Ledger's security against quantum computing threats.

user avatarAisha Farooq

Solana's Perpetual Futures Volume Hits All-Time High

chest

Solana's perpetual futures volume has reached an all-time high of about $20 billion, indicating increased trader engagement and speculative activity.

user avatarTenzin Dorje

Trump Shifts Crypto Focus from Meme Coins to Bitcoin Investments

chest

US President Donald Trump and his family have made significant investments in Bitcoin-related firms, moving away from meme coins.

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.