Crypto Exchange Hotbit Suspends Operations after Five Years of Service
After five years of service, Hotbit joins Paxful and Bit4You to exit the crypto market.
Paxful is giving away 10 bitcoins for those who sign up and make at least one sale before February 10.
After five years of service, Hotbit joins Paxful and Bit4You to exit the crypto market.
The internal issues of Paxful stem from nothing else but the sour relationship between co-founders Youssef and Schaback.
About 75,270 Paxful accounts have been frozen with approximately $5.5 million, and the largest batch is on temporary hold.
The news further narrows the options for people to trade cryptocurrency among themselves.
The exchange added support for Ethereum in April last year, stating that “Ethereum gives users a different chance to claim their stake in the crypto world.”
Choosing the local cryptocurrency exchange that’s best for you largely depends on your personal needs and circumstances.
Paxful said that the goal with the cryptocurrency Visa debit cards is to bring traditional financial services to the “unbanked” or the “underbanked”. The crypto debit card will be useful to all merchant locations and ATMs worldwide.
Bitcoin Events’ popular Crypto Fest is back for its second edition on 30 October 2020 and once again will include controversial speakers and discussions.
In this digest, we will look at some of the major new developments amongst major crypto exchanges that were implemented in the past month.
Binance has announced that they have opened RUB (Russian Ruble) deposit and withdraw features. This will be powered by AdvCash.