Thai Crypto Exchange Zipmex Suspends Customer Withdrawals

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The market volatility forced Zipmex to pause withdrawals on its platform - reads the release.

The market volatility forced Zipmex to pause withdrawals on its platform – reads the release.

The latest firm in the cryptocurrency field to reveal issues on its platform is the Thai exchange Zipmex. In a recent tweet, it disclosed that users are not allowed to make any withdrawals due to circumstances beyond the company’s control. The service will remain unavailable until “further notice.” It is worth noting that the news about the halted customer withdrawals negatively affected Zipmex . In a matter of hours, it lost nearly 20% of its USD valuation and is currently trading at $0.48.

 

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