FTX Japan will resume cryptocurrency and legal withdrawal on February 21
It is reported that FTX Japan, the Japanese subsidiary of FTX, will resume cryptocurrency and legal withdrawal on February 21. FTX Japan said in a statement that the withdrawal will be processed through the Liquid Japan network platform. FTX acquired Liquid in 2022. Customers with assets on the exchange must confirm their balance. Users without Liquid Japan accounts will need to open an account to withdraw assets.
Interpretation of this information:
FTX Japan, a subsidiary of the global cryptocurrency exchange FTX, has announced that it will resume cryptocurrency and legal withdrawal services on February 21. The announcement comes after FTX Japan suspended these services last year due to regulatory concerns. The company has stated that it will process the withdrawals through the Liquid Japan network platform, which FTX acquired in 2022. Customers who wish to access these services must confirm their balance on the exchange, and those who do not have Liquid Japan accounts will need to open one to withdraw their assets.
This news is significant for Japanese cryptocurrency users as they now have another option for trading and withdrawing their assets. FTX Japan is backed by a global brand, and its integration with Liquid Japan provides users with a secure and stable platform for trading and withdrawing their cryptocurrencies. FTX Japan’s resumption of services is also a positive sign for the overall cryptocurrency market in Japan, as it shows that regulatory issues are being addressed, and companies are adapting to provide a more reliable service to their customers.
The use of Liquid Japan’s network platform is also a reflection of the growing importance of network infrastructure in the cryptocurrency market. By using Liquid Japan’s network, FTX Japan is ensuring that transactions are processed quickly and securely, providing customers with a more reliable service. Liquid Japan’s platform is known for its speed and security, making it an ideal choice for cryptocurrency transactions.
Overall, FTX Japan’s resumption of services is a positive sign for the cryptocurrency market in Japan. It shows that companies are adapting to regulatory pressures and are committed to providing a reliable and secure service to their customers. The use of Liquid Japan’s network platform is also a reflection of the growing importance of network infrastructure in the cryptocurrency market.
This article and pictures are from the Internet and do not represent 96Coin's position. If you infringe, please contact us to delete:https://www.96coin.com/43058.html
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.