Yet Another Crypto Exchange Has Frozen Withdrawals Amid the Coin Crash

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Yet Another Crypto Exchange Has Frozen Withdrawals Amid the Coin Crash
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Like Celsius before it, Coinflex cited 'extreme market conditions” and continued uncertainty as reasons for halting all withdrawals.

” and continued uncertainty. Users are, as of press time, unable to pull any money out of their Coinflex accounts.at Celsius and Binance, two of the biggest cryptocurrency exchanges in the worldCEO Mark Lamb said he was “confident” the situation would be repaired and result in a restoration of withdraws.

Market conditionsof crypto owners swimmingJune 30, with an update pegged for June 27.“Please note that these dates are estimates based on our current understanding of the situation,” Lamb said. “We will give more clarity on the details and updates to the situation as soon as possible.” Coinflex did not immediately respond to a request for comment.$25,000 to $10,000.

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