April 25, 2024

Bittrex stopped serving users from Ukraine and Belarus

Bittrex stopped serving users from Ukraine and Belarus

In its statement, the exchange clarified why it will not be able to provide its services in Ukraine, Belarus, Burundi,Mali, Myanmar, Nicaragua and Panama.

In the official message of Bittrex Global, it is indicated that today the exchange is workingExisting laws in these jurisdictions do not allowthe exchange will continue to serve users. 

Clients are given 14 days, until September 24, for withdrawalfunds, and all fiat deposits are discontinued. After these 14 days, all remaining accounts on the platform will be blocked. It is not yet clear whether users will be able to withdraw their funds after the specified period.

Previously, the platform stopped servingusers from 31 countries. What is surprising is the cessation of services for Ukraine. Most recently, Ukraine was recognized as the best country in the world for the implementation of cryptocurrencies according to Chainalysis. 

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