• 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

The price of Solana is experiencing a decline.

chest

Solana's price has failed to maintain levels above 86, leading to a short-term bearish trend.

user avatarRajesh Kumar

Wang Chun Invests in SpaceX's Mars Mission to Ensure Human Exploration

chest

Wang Chun, founder of F2Pool, has bought a seat on SpaceX's first crewed mission to Mars, expressing concerns about the future of human exploration on the planet.

user avatarMiguel Rodriguez

Loureno VS Reports on Trading Strategy Performance

chest

Loureno VS reflects on the steady performance of a custom trading indicator designed to navigate market fluctuations.

user avatarLuis Flores

Bitcoin Fund Flow Ratio Hits Key Decision Zone

chest

The Bitcoin Fund Flow Ratio on Binance has dropped to a critical range, indicating potential market recovery or continued weakness.

user avatarArif Mukhtar

Sui Network Enhances Stablecoin Transfers by Removing Gas Fees

chest

Sui is revolutionizing stablecoin transfers by eliminating the need for separate gas tokens, which significantly improves transaction efficiency and cost-effectiveness.

user avatarJacob Williams

Ondo Finance CEO Nathan Allman Passes Away, Ian De Bode Appointed as New CEO

chest

Ondo Finance announces the unexpected passing of its cofounder and CEO, Nathan Allman, and appoints Ian De Bode as the new CEO to ensure leadership continuity.

user avatarMaria Gutierrez

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.