untitled design

Bittrex Global will cease operations

Cryptocurrency exchange Bittrex Global announced on the closure of activities from December 4, 2023.

“It is with great regret that we announce that Bittrex Global has decided to cease operations. This decision was not taken by chance, and we understand that it may cause inconvenience to our customers,” the exchange said in a statement.

Additionally, the company statement said what will happen during the closure process:

  • suspension of trade;
  • Bittrex clients will not be able to withdraw assets in US dollars. To receive funds, they need to be converted into euros or crypto assets;
  • The referral program has already been discontinued; users can receive rewards for transactions completed up to November 19, 2023 inclusive. They will be paid “in the coming days”;
  • suspension of all promotions;
  • users will not be able to send a deposit to the platform, as the funds may be irretrievably lost;
  • withdrawal of funds. There is currently no deadline for clients to withdraw assets from Bittrex Global after trading closes on December 4, 2023. However, the manual recommends doing this as quickly as possible.

In addition, the team assured that they will assist customers in any queries and also stated that users’ personal information will be processed in accordance with their privacy policy.

At the end of October 2023, Bittrex received court approval to wind down its operations in the United States.

Source: Cryptocurrency

You may also like

Get the latest

Stay Informed: Get the Latest Updates and Insights


Most popular