Cryptocurrency exchange ByBitannounced that it had frozen its dollar deposits due to a blackout.
Cryptocurrency exchange ByBit He cited a service interruption at a partner as the reason for freezing his dollar deposits. Exchange, bank transfer and SWIFTannounced that it had frozen its dollar deposits.
Unexpected Dollar Deposit Decision From ByBit
Cryptocurrency exchange on March 4, 2023 Bybit announced that it is suspending US dollar deposits via wire transfer. Bybit cited “cuts” from its partner as the reason for the suspension of USD deposits via wire transfers and the SWIFT network.
Cryptocurrency exchange Bybit announced on Saturday that it is suspending US dollar deposits. The company said in its statement:
“Bybit has suspended USD deposits via wire transfer due to our partner’s service interruptions. Effective immediately, USD deposits via wire transfer (SWIFT) and wire transfer (for US bank) are no longer available.”
Bybit noted that customers can continue to deposit US dollars with their Advcash wallet or credit card. Bybit customers will be able to withdraw funds via SWIFT and US banks via wire transfer until March 10, 2023, subject to applicable conditions.
