CoinLoan Reduces Withdrawal Limits but Claims No Exposure to Luna, Celsius, 3AC

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CoinLoan Reduces Withdrawal Limits but Claims No Exposure to Luna, Celsius, 3AC
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CoinLoan said it will lower the limit of users' withdrawals to ensure the stable operation of its platform during the ongoing bear market.

CoinLoan said it will lower the limit of users’ withdrawals to ensure the stable operation of its platform during the ongoing bear market.

The company said a suspension of all withdrawals is not on the agenda since some customers have stored their life savings on CoinLoan. The procedure will allow the platform to conduct stable operations in the future as sometimes “prevention is better than cure.”Three Arrows Capital

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