Tag: Withdrawals

OpenLedger Suddenly Raises Withdrawal Fees to 5%

Centralized exchanges have been both a blessing and a curse upon the crypto industry. OpenLedger recently introduced some odd changes that don’t sit well with its users. When an exchange increases withdrawal fees for no apparent reason, there will be some dismay. What is Going on at OpenLedger? Those fees now sit at 5% of the total withdrawal amount, at least where OpenLedger is concerned. Interestingly enough, it appears that …
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European Banks Explore Measure to Prevent Withdrawals

With cryptocurrency and decentralization on the rise, banks and other financial institutions find themselves in an awkward position these days. This is especially true in the European Union, where many experts feel there will soon be another bank run. To counter this threat, some EU states have been contemplating measures that would prevent bank customers from withdrawing money from accounts. These temporary “freezing” measures may go into effect very soon. New EU Directive …
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Bitcoin’s Price Rises as “Big Three” Chinese Exchanges Resume Withdrawals

After reaching an all time high of $2760 on May 25th, Bitcoin’s price has been struggling to recover from the crash that followed. The price touched a low of $1850 and since has been slowly rising. The recent news of Chinese Bitcoin exchanges resuming withdrawals seems to have propelled the price upwards almost $100 in a matter of hours. Huobi was the last exchange to finally enable withdrawals after months …
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Bitfinex Will Resume Trading and Withdrawals in The Next 36 Hours

By the look of things, the Bitfinex exchange is preparing to fully launch their trading platform in the next 36 hours. From the information we have received, it seems both withdrawals and trading will be enabled at the same time. The company also confirms the plans to go ahead to find potential investors and allow users to convert BFXCoin to shares in the parent company. The Relaunch of Bitfinex is …
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