Cryptocurrency Exchange AAX Has Stopped Its Services - Coinleaks
Current Date:September 22, 2024

Cryptocurrency Exchange AAX Has Stopped Its Services

Hong Kong-based cryptocurrency exchange AAX, FTXHe temporarily stopped his services on the grounds of the events.

In the cryptocurrency market, FTX The effects of the collapse continue. In addition to the huge losses of investment asset management companies, the turmoil of cryptocurrency exchanges continues. While the question mark in the minds of investors is which stock market will be next, there is a new news. Hong Kong came by. Cryptocurrency exchange in the country AAX, FTXtemporarily suspended its operations because it was affected by the collapse.

Cryptocurrency Exchange is on the Barb

Cryptocurrencies have been going through some pretty bad days lately. The crash of the FTX exchange took a toll on the crypto industry. In particular, the stock markets began to share their reserves in order not to be affected by this chaos environment.

AAXexchange, its services for 10 days He said he would suspend it. The exchange attributed this decision to the failure of a third-party partner. However, there was no explanation from the exchange as to who this third party was.

The exchange said in a statement that it is suspending withdrawals to prevent fraud and abuse. Also, the company 7 to 10 daysHe underlined that he spent a lot of time to start his services again.