• 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

CryptoQuant Details Methodology for Tracking Institutional Bitcoin Accumulation

chest

CryptoQuant's CEO Ju Kiyoung explains the methodology used to track institutional Bitcoin accumulation, focusing on US custody wallets.

user avatarJacob Williams

Hyperliquid Faces Selling Pressure Despite Whale Activity

chest

Hyperliquid is experiencing selling pressure despite significant whale activity, with a recent 648K HYPE withdrawal failing to change market direction.

user avatarZainab Kamara

Ozak AI Presale Phase Attracts Interest with Utility Narrative

chest

Ozak AI is marketed as a presale AI token with a clear pricing strategy and significant funds raised. Currently in Phase 7, it has a token price of 0.0014 and has raised over 57M, indicating consistent buying interest.

user avatarAyman Ben Youssef

BlockDAG Leads Crypto Presales with Aggressive Pricing and Timeline

chest

BlockDAG is gaining attention in the crypto presale market due to its low entry price and imminent deadline.

user avatarSon Min-ho

Hindustan Zinc Reports Significant Profit Increase

chest

Hindustan Zinc has reported a 462% profit jump in Q3, driven by increased silver prices.

user avatarTando Nkube

Nifty Metal Index Rallies Amid Silver Demand

chest

The Nifty Metal Index has seen a remarkable rally, marking its best opening quarter since 2018, fueled by the surge in silver prices and demand.

user avatarKofi Adjeman

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.