Crypto Short News

BitBay Exchange Scraps Monero Trading to Avoid Money Laundering

BitBay Exchange will no longer support Monero from February 2020. The exchange has made this decision to block the possibility of money laundering and inflow from external networks. Monero has already been delisted from many of the other crypto exchanges like OKEx Korea. 

The deposits of XMR will be stopped by 29/11/2019 on BitBay exchange. However, Monero can be traded until Feb 2020 on the exchange. Monero withdrawals are available till May 2020. Also, due to the upcoming Monero fork on 30th Nov 2019, XMR withdrawals will be blocked on the exchange from 29.11.2019 to 5.12.2019.

Tags
Show More

Qadir AK

Qadir Ak - Co-founder of Coinpedia Blog - His interest as crypto Author, Editor, Speaker at cryptocurrency conference has made him known as passionate blogger and startup in Asia.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

8 + 4 =

Back to top button
Close
whatsapp