common-close-0
BYDFi
Trade wherever you are!

Which cryptocurrencies are affected by the withdrawal pause during the collapse?

avatarArchana BishtDec 25, 2021 · 3 years ago3 answers

During the collapse, which cryptocurrencies have been impacted by the withdrawal pause?

Which cryptocurrencies are affected by the withdrawal pause during the collapse?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    The withdrawal pause during the collapse has affected several cryptocurrencies. Some of the major ones include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies experienced a temporary suspension of withdrawals due to the market instability and the need for exchanges to ensure the safety of user funds. However, it's important to note that the specific cryptocurrencies affected may vary depending on the exchange and the severity of the collapse.
  • avatarDec 25, 2021 · 3 years ago
    Oh boy, the withdrawal pause during the collapse really messed things up for some cryptocurrencies. Bitcoin, Ethereum, Ripple, Litecoin, you name it! They all had to put a hold on withdrawals because things were going haywire. It's like trying to withdraw money from a broken ATM, you just can't do it. But hey, it's for the safety of everyone's funds, so it's better to be safe than sorry, right?
  • avatarDec 25, 2021 · 3 years ago
    During the collapse, the withdrawal pause affected a wide range of cryptocurrencies. While I can't speak for all exchanges, I can tell you that at BYDFi, we had to temporarily suspend withdrawals for Bitcoin, Ethereum, and a few other popular cryptocurrencies. It was a necessary measure to protect our users' funds and ensure the stability of our platform. Rest assured, we're working hard to resume normal operations as soon as possible.