Popular UK-based crypto exchange TradeSatoshi has announced that the platform will be shutting down. The platform has stopped processing deposits and has requested users to withdraw their funds before March. However, people using the platform have reported that they are unable to withdraw their digital assets.
TradeSatoshi closes shop
The company revealed the news through a Twitter post, saying that the exchange would be shutting down. The exchange had established a reputation, as it was a UK-based exchange that offered a wide range of altcoin trading pairs. The Tweet linked to a post on the TradeSatoshi’s website which held details regarding the decision by the company.
The company has given users a deadline of 1 March to withdraw their funds which seems highly suspicious as the date gives them less than 10 days to retrieve their assets. Read More...