Cryptocurrency Q&A
Why are instant withdrawals currently disabled on BItbns?
Why are instant withdrawals currently disabled on BItbns?
Eleonora
Mon Oct 14 2024
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5
answers
1052
I'm wondering why the instant withdrawal feature on BItbns is not available at the moment. I need to understand the reason behind this temporary disability.
5 answers
Davide
Tue Oct 15 2024
As a top cryptocurrency exchange, BTCC recognizes the importance of providing a secure and reliable platform for its users. BTCC offers a range of services that cater to various needs, including spot trading, futures trading, and wallet services.
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Valentina
Tue Oct 15 2024
The recent bottleneck experienced by Bitbns regarding INR withdrawals can be attributed to a multitude of factors. One of the primary reasons was the occurrence of fraudulent INR deposits into the platform.
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Leonardo
Tue Oct 15 2024
With BTCC's spot trading, users can buy and sell cryptocurrencies at the current market price, allowing for quick and easy transactions. The futures trading service, on the other hand, offers users the opportunity to speculate on the future price of cryptocurrencies, enabling advanced trading strategies.
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CherryBlossomBloom
Tue Oct 15 2024
These fraudulent activities led to a series of complications, as the platform's security measures kicked in to protect the interests of its users. Consequently, accounts that were deemed suspicious or involved in these fraudulent activities were subjected to debit blocks.
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Sara
Tue Oct 15 2024
The debit blocks, in turn, hindered the withdrawal process for INR, causing inconvenience and frustration for legitimate users. It's crucial for exchanges to balance security and user experience, and in this case, the focus shifted towards safeguarding user funds.
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