The Trade Satoshi exchange announced on Thursday it is closing down on March 1st, giving its users just 10 days from the date of announcement to withdraw their coins. The exchange had been riddled with problems for quite some time, including frequent withdraw delays, account closures, absurdly high withdrawal fees, and the locking of customer accounts for seemingly arbitrary reasons.

One of the things making it hard for the exchange's remaining customers to withdraw their coins is the fact that they frequently have been in "maintenance mode" during the last few days, and even when customers can log into their accounts, they see the withdraw option for Bitcoin (and other coins) disabled.

Some customers logged into their account only to see new KYC documentation requests, preventing them from attempting to withdraw coins or even cancel trades. Others are reporting that their 2-FA codes are no longer working on Google Authenticator.

Whatever the actual reason for the closure seems to be, it would appear that Trade Satoshi seriously does not want customers to withdraw their coins, despite there being only 8 days remaining before the scheduled closure.

For a background on the exchange, its operator, and a look into its bizarre connections with Cryptopia, you can read more here:

https://coinclarity.com/trade-satoshi-closing-exit-scam-likely/

Here is the Twitter announcement, followed by scores of complaints from frustrated users underneath:

https://twitter.com/TradeSatoshi/status/1230509341142220800