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.

Another major crypto exchange announced its closure

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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I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.

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