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How does the 1.5k withdrawal limit imposed by Finblox affect the cryptocurrency market?

avatarFATIMA HAMDANDec 27, 2021 · 3 years ago1 answers

What is the impact of the 1.5k withdrawal limit imposed by Finblox on the cryptocurrency market? How does this limit affect the liquidity and trading volume of cryptocurrencies?

How does the 1.5k withdrawal limit imposed by Finblox affect the cryptocurrency market?

1 answers

  • avatarDec 27, 2021 · 3 years ago
    As a representative of BYDFi, I can say that the 1.5k withdrawal limit imposed by Finblox does not directly affect our platform. BYDFi has its own withdrawal policies and limits, which are independent of Finblox. However, in general, withdrawal limits imposed by any exchange can have an impact on the cryptocurrency market. Such limits can affect the liquidity and trading volume of cryptocurrencies, as users may be restricted in their ability to withdraw funds and engage in trading activities. It is important for users to consider withdrawal limits when choosing a cryptocurrency exchange, as it can impact their trading strategies and access to funds.