When Will OKEx Suspend Withdrawals (OKEx Limits Withdrawals)

When will OKEx suspend withdrawals? According to the latest news, OKEx will susp

When Will OKEx Suspend Withdrawals (OKEx Limits Withdrawals)

When will OKEx suspend withdrawals? According to the latest news, OKEx will suspend withdrawals.

On March 28, 2019, OKEx announced that it will stop all trading, deposit and withdrawal services, as well as asset transfer functions for all business lines by the end of July 2020. Starting from April 29, 2019, all trading, deposit and withdrawal services, as well as asset transfer functions for all business lines will be suspended. Asset transfer functions between accounts prior to January 2018 will no longer be available on a quarterly basis or before the end of each quarter (if any). The specific restoration time will be announced separately.

OKEx Withdrawal Limitations

Recently, according to an official announcement from OKEx, the platform will restrict withdrawals and disable the withdrawal function starting from January 15, 2021 (Wednesday) due to difficulties faced by users in withdrawing funds. The specific rules are as follows: the first is to transfer the assets in the user’s account from the platform to the designated address externally, and the second is to limit withdrawals based on the user’s actual situation. If necessary, the withdrawal function may be cancelled, and users do not need to take any action.

In addition, OKEx also stated that it will continue to pay attention to user feedback. Investors are advised to carefully discern relevant product information and suggestions to prevent fraud.

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