Polish exchange house closes abruptly due to “loss of liquidity”

BitMarket, a cryptocurrency exchange house based in Poland, suddenly closed its operations, arguing a “loss of liquidity,” according to a notice posted on its website.

It should be noted that BitMarket did face a loss of liquidity, with reported daily volumes of less than one million dollars through the exchange house, according to data from CoinMarketCap.

Currently, it is not known how BitMarket users can withdraw their funds. “We will inform you about other steps,” reads the notice posted on its website.

A Reddit user named OdoBanks claimed that there were several “red flags” in recent weeks with BitMarket, even that users were “forced” to change their passwords for no reason, the user’s API keys were changed and some removals were made. users also stopped the basis of additional requirements of know your customer (KYC), among other issues.

Source: Criptonoticias

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