When does Bitcoin open for withdrawal (when can Bitcoin be withdrawn)
When will Bitcoin open for withdrawal? In the past few days, the price of Bitcoin has plummeted from around $8000 to over $9000. And just this morning, the coin price began to decline, and Bitcoin also experienced a sharp decline: the lowest price was $8250, and it has now fallen back to around $8800- $9000 for about a week; But it quickly recovered to below $9000 So what will happen next 1. When will coin withdrawal be opened: 1. After 18:00 Beijing time on May 11, 2020, if any users want to continue using USDT on Bitfinex or Tether platforms (if it does not include USDT), they can choose to withdraw first. This means that withdrawals cannot be made now, and withdrawals can only be completed according to the transaction period and the user’s recharge quantity If users want to purchase BTC through OTC, they can directly go to the exchange to buy, so now you can freely buy and sell Bitcoin, and you can also redeem Bitcoin at any time. You can also easily store Bitcoin in your wallet like traditional banks For those who do not want to trade in the market, Bitcoin is not an asset, but a store of value. You may think that your Bitcoin is an investment tool, but if you have actually held stocks in this fund or a certain company, it is recommended that you exchange it for other assets When can Bitcoin be withdrawn according to official announcements? Extracting Bitcoin from the wallet to the exchange within 4 days after May 30, 2019 is a legal and compliant matter Can Bitcoin be withdrawn now? The specific time is before June 2020. If the user does not agree to this regulation, they will face the situation of being frozen or unable to continue withdrawing funds. But if we don’t do this, we can only choose to temporarily stop using Bitcoin, which may affect the security of users’ assets and investment portfolios.
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