Post
Topic
Board Exchanges
Re: Bundle exchange announces their cease of operation
by
Husires
on 27/07/2023, 15:02:59 UTC
The deadline for sweeping balances is still around 35 days which I think is long enough for all potential customers to be aware of this news. And I see this has been shared everywhere including Nigerian board, quite surprised that this platform isn't popular enough. I think I know the reason why they stopped.
There are some exchanges that give 6 months to withdraw, however, some account holders complained that there was not enough time to withdraw. I hope this time based on an examination of the average activity of most accounts, otherwise it would be considered a gentle exit scam.

The reason for the closure is due to the competition, the large exchanges have become offering many options such as spot trading, features, staking, p2p, Dex, ...etc all in one place so there is no need to create several accounts in several CEXs.