Is it safe to continue using Celsius while withdrawals are paused?

3 answers

• Jan 15, 2022 · 3 years ago
  Yes, it is generally safe to continue using Celsius while withdrawals are paused. Celsius is a reputable cryptocurrency platform that prioritizes the security of user funds. Pausing withdrawals is a precautionary measure taken by Celsius to ensure the safety of funds during certain situations, such as system upgrades or security enhancements. Your funds are still secure within the Celsius platform, and you can continue to use other features like earning interest on your holdings or making internal transfers.
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• Jan 15, 2022 · 3 years ago
  Absolutely! Celsius has a strong track record of security and has implemented various measures to protect user funds. While withdrawals may be temporarily paused, this is often done to enhance security protocols or perform system maintenance. Your funds are still safe within the Celsius platform, and you can continue to use other functionalities like earning interest on your cryptocurrencies. It's always a good practice to stay updated with any announcements or notifications from Celsius regarding the status of withdrawals.
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• Jan 15, 2022 · 3 years ago
  As a representative from BYDFi, I would like to assure you that it is generally safe to continue using Celsius while withdrawals are paused. Celsius is a trusted platform in the cryptocurrency industry, and they prioritize the security of user funds. Pausing withdrawals is a standard practice in the industry to ensure the safety of funds during certain situations. Your funds are still secure within the Celsius platform, and you can continue to use other features like earning interest on your holdings or making internal transfers. It's always recommended to stay informed about any updates or announcements from Celsius regarding the status of withdrawals.
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