CoinFLEX halts withdrawals amid 'extreme market conditions'

in the aftermath due to lender liquidation and is struggling to make good with clients.

CoinFLEX provided an estimated timeline for a path forward. It hopes to give an update on the situation by June 27th and have withdrawals operating by June 30th. Though, those dates are based on the firm's current understanding of the situation, it said, and it plans to give more clarity on the details as soon as possible.

"We fully expect to resume withdrawals in a better position as soon as possible," said the post."We will fully communicate with you as we find out more." In 2019, CoinFLEX emerged as a platform for physically-delivered futures. Since then, it overhauled its

It's better than trading bnb

The only thing extreme is the level of stupidity of those who give up custody of their Bitcoin chasing after fools gold. Bitconnect, Mt. Gox, Terra Luna, Celsius etc. Voyager just put withdrawal limits in effect today. Blockfi needed a bailout from FTX. Overleveraged shit.

CoinFlex and Celsius should be in the drug business if they can stop withdrawals this easily

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