- This topic has 3 replies, 2 voices, and was last updated 5 months, 3 weeks ago by MrAnachronist.
- Friday, June 17th, 2022 at 16:46 #310693maxyhogeParticipant
Not your keys, not your crypto.
Another platform has blocked withdraws and they are blaming it on liquidity pressures. How many centralised exchanges are going to have to go down for people to learn?
Babel Finance have blocked withdraws from their platform due to "liquidity pressures" pic.twitter.com/cLXxQUv9gu
— Crypto Watcher (@crypto_watcher1) June 17, 2022Friday, June 17th, 2022 at 16:59 #310694nothingtoseehere2003
We’ve stopped withdrawals to protect our customers 🤣Friday, June 17th, 2022 at 17:14 #310695Marcion_Sinope
Finally, a name that fits the company.Friday, June 17th, 2022 at 17:23 #310696MrAnachronist
I don’t understand this. People keep telling me that exchanges simply facilitate transactions between a buyer and a seller. If that’s true, why the need to restrict withdrawals? Surely they can’t sell you BTC that they don’t have right? Every BTC purchased should be the result of a BTC sold.
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