OKEx to Resume Withdrawals Before Nov. 27, Offers New Compensation Programs
OKEx will compensate those users who have been frustrated by its suspension on withdrawal service.
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Major cryptocurrency exchange OKEx resumed all withdrawals at 8:00 am UTC on Nov. 26, but users already appear to be pulling out their funds, fast. After a five-week-long suspension of all user withdrawals, cryptocurrency exchange OKEx resumed normal services at 8:00 am UTC on Nov. 26.Having announced the re-opening last week, OKEx then indicated it would be launching a compensation and rewards program to express its gratitude to customers for holding out during the disruption. These programs include commission rebate cards denominated in Tether (USDT), a one-time compensation payment....
OKEx is set to lift its withdrawal freeze first introduced on Oct. 16, claims the exchange cooperated with authorities and no foul play was discovered. Major cryptocurrency exchange OKEx is finally resuming withdrawals of customer assets after weeks of waiting.The exchange first suspended withdrawals on Oct. 16, a decision that subsequently rocked crypto markets. According to today's announcement, full customer withdrawals will resume on or before Nov. 27. OKEx will conduct security checks to resume hot wallet operations and ensure that user funds are safe.OKEx claims that user funds are....
After a number of issues, OKEx is back up to speed, sort of. Crypto exchange OKEx announced that both its fiat-crypto purchase capabilities and P2P outlet have reopened. Withdrawals still remain closed, however."The OKEx P2P platform will resume trading on Oct. 21, 12:00 pm (UTC) for CNY, INR and VND fiat pairs, and the Buy Crypto fiat gateway will also be reactivated at the same time," OKEx said in an Oct. 21 announcement, adding: "Please note that cryptocurrency withdrawals are still temporarily suspended and the 'Sell Crypto' option is not available."The exchange noted that "other....
“It's a bit weird one of the biggest exchanges in the world isn't letting us withdraw money for so long,” said one crypto Twitter user. Major exchange OKEx suspended crypto withdrawals on Oct. 16. With little information coming from the firm or its CEO Jay Hao in the time since, users have begun demanding answers via Twitter.In an Oct. 20 tweet from Hao, the CEO stated that there had been “no on-chain out-flow” since the exchange announced it had “temporarily suspended” withdrawals on Friday. “Your assets are safe,” said Hao. “We'll do our best to resume withdrawals ASAP.”The exchange....
Asian cryptocurrency exchange Okex says peer to peer trading is now open but the freeze on withdrawals remains in effect. In an update, Okex CEO Jay Hao reveals that buying cryptocurrency via the fiat gateway is now active as well but he fails to give a timeframe for the resumption of withdrawals. In an earlier tweet, the CEO reassures customers that their funds are safe and that withdrawals will commence as soon as possible. On Oct. 15, Okex announced the suspension of withdrawals of cryptocurrency after an unnamed private key holder was taken into custody by law enforcement. However,....