CoinExchange.io Exchange announced the termination of work. Platform directors note that continuing to function has become economically unprofitable.
– is an economic term that means the process of independent trade, independent analysis of the market and the conclusion of trade transactions.Details on the CoinExchange exchange ceases on October 15th
The board of directors of the CoinExchange.io cryptocurrency exchange announced that trading and deposits will be stopped on October 15th. Users are advised to withdraw funds by December 1, 2019.
The exchange team reports that the decision to close the platform is not associated with technical interruptions or an attack by hackers. The reason is that the cost of guaranteeing the necessary level of security and support exceeds income. The team also added that it hopes to return if market conditions change.
Interesting in the section: Launch of a cryptocurrency valuation system from Coinbase, Bittrex and Kraken
- Cryptocurrency exchanges – Coinbase, Bittrex and Kraken – activated a system for assessing the conformity of cryptocurrencies to securities. The results showed that the following currencies minimally correspond to securities: Bitcoin, Litecoin, Monero.