FTX Japan Resumes Withdrawals, Hibiki Trader Successfully Withdraws All Funds

It is reported that FTX Japan previously resumed withdrawal on February 21, allowing users to transfer funds to the Liquid Japan account. At present, Hibiki Tr…

FTX Japan Resumes Withdrawals, Hibiki Trader Successfully Withdraws All Funds

It is reported that FTX Japan previously resumed withdrawal on February 21, allowing users to transfer funds to the Liquid Japan account. At present, Hibiki Trader, a Japanese cryptocurrency dealer, has successfully withdrawn all funds. The exchange confirmed the matter on social media and expressed its gratitude to FTXJP.

Hibiki Trader, a Japanese cryptocurrency dealer, has confirmed to raise all funds from FTX Japan

Interpretation of the news:


FTX Japan, a cryptocurrency exchange in Japan, recently resumed withdrawals on February 21, 2021, allowing its users to transfer funds to their Liquid Japan account. The exchange had temporarily halted withdrawals due to technical difficulties, causing inconvenience to its users. Therefore, the resumption of withdrawals has been a long-awaited development for many of its customers.

Hibiki Trader, a Japanese cryptocurrency dealer, was among the users who had been affected by the withdrawal suspension. However, the dealer has successfully withdrawn all funds from the exchange, according to reports. The exchange confirmed the news on social media, expressing gratitude to Hibiki Trader for their patronage and to all its customers for their patience throughout the process.

This development is a positive step for FTX Japan as it strengthens its reputation and fairness within the cryptocurrency community in Japan. By successfully resuming withdrawals and allowing users to transfer their funds to their Liquid Japan account, the exchange has shown its commitment to providing better services to its clients.

It is noteworthy that this successful withdrawal transaction was made through Liquid’s Japanese yen-backed stablecoin, QASH. This stablecoin, which is one of the most traded in Japan, offers users more stability and accessibility to their holdings.

Overall, this news sends a positive signal to cryptocurrency traders in Japan as they now have a reliable and trusted platform in FTX Japan. It also highlights the importance of cryptocurrencies and their ability to function as effective means of transfer and storage of wealth.

In conclusion, this latest update from FTX Japan and the successful withdrawal by Hibiki Trader is a significant milestone in the development of the cryptocurrency industry in Japan. It shows that the country is open to innovation and is willing to explore new technologies such as blockchain and cryptocurrencies, which may transform financial services in the future.

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