CoinFLEX platform resumes withdrawals

The cryptocurrency derivatives trading company, which blocked the withdrawal of funds in June, is reopening this option for users.

The platform will allow you to withdraw funds in the amount of 10% of the total deposit. All digital assets will be available for withdrawal, except for flexUSD. Users will be notified about the possibility of withdrawing this asset later.

90% of the assets will be blocked until better times. To clarify, withdrawals have not been available since June 24, 2022.

The reason is a loan not returned to the platform by Bitcoin.com founder Roger Ver. He owes the platform $47 million, and this caused the company to default.

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CoinShark is not responsible for the content, accuracy, quality, advertising, products or any other content posted on the site. This article is for informational purposes, prepared on the basis of materials and information from open sources . Cryptocurrency is a high-risk asset, investing in it can lead to losses. Readers should do their own research before taking any action.

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