Another major crypto exchange announced its closure. Bittrex Global will stop operating as of December 4, 2023. The company asked not to make deposits and warned that withdrawals would be available after December 4, but asked to do it quickly.
Crypto exchange Bittrex Global announced its closure. Trading on the site will be suspended from December 4, 2023, the company said in a statement.
After December 4, only on-site withdrawals will be available. It will not be possible to withdraw US dollars; They must be converted into cryptocurrencies or euros.
Bittrex asked not to make any more deposits and withdraw funds quickly, although it clarified that this could be done after December 4.
Bittrex Global was founded in 2013. In 2023, the exchange closed its US division due to its economic impracticality.
In the last two years, 239 crypto exchanges have been closed around the world. During the same period, only 183 new players appeared on the market.
Author:
Kirill Bilyk
Source: RB
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