13/08/19 12:30 UTC-4

The Poloniex exchange revealed a plan to reimburse 1800 BTC to users

Poloniex exchange compensates users for losses
Poloniex exchange compensates users for losses

The Poloniex cryptocurrency exchange has published on its blog a new reimbursement scheme for users affected by the "unexpected system failure", in which the losses amounted to 1800 BTC ($20 million).


Compensation for Poloniex Users

The official blog post on the Poloniex exchange promises to reimburse users for all losses in Bitcoins.

"Every time you make a commission for tradingTrading
– is an economic term that means the process of independent trade, independent analysis of the market and the conclusion of trade transactions.Details
, we convert it to BTC, and then transfer it to you every day. Your first loan will include all trading fees that you paid on June 6, 2019"
– Poloniex writes.

According to cryptocurrency news, over the past 24 hours, the trading volume at Poloniex amounted to 785 BTC.


Poloniex has unveiled its plans to reimburse customers for their funds. Recall, on June 6, the Poloniex exchange issued a statement on the loss of 1800 Bitcoins due to a serious drop in market prices, which led to the default of a number of margin loans.

Editor: Yuliya Soroka

See also: "New cryptocurrency exchange attracted $4 million from large investors"

#Exchange #Poloniex #BTC #cryptocurrency #losses



Fiat money, funds