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What are the alternatives to Celsius for withdrawing cryptocurrency during the halt?

avatarStefano LieraDec 16, 2021 · 3 years ago3 answers

During a halt in Celsius, what other options are available for withdrawing cryptocurrency? Are there any alternative platforms or services that can be used to withdraw cryptocurrency during this period?

What are the alternatives to Celsius for withdrawing cryptocurrency during the halt?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    During a halt in Celsius, you can consider using other cryptocurrency exchanges to withdraw your funds. Platforms like Binance, Coinbase, and Kraken offer withdrawal services for various cryptocurrencies. Make sure to check the supported cryptocurrencies and withdrawal fees before choosing an alternative platform. Keep in mind that the availability of certain cryptocurrencies for withdrawal may vary across different exchanges.
  • avatarDec 16, 2021 · 3 years ago
    If Celsius is experiencing a halt and you need to withdraw your cryptocurrency, you can explore decentralized finance (DeFi) platforms. DeFi platforms like Uniswap and SushiSwap allow users to trade and withdraw cryptocurrencies without relying on a centralized exchange. However, be cautious and do thorough research on the platform's security and reputation before using them for withdrawals.
  • avatarDec 16, 2021 · 3 years ago
    During a halt in Celsius, you may consider using BYDFi as an alternative for withdrawing cryptocurrency. BYDFi is a digital currency exchange that offers a wide range of cryptocurrencies for withdrawal. They have a user-friendly interface and competitive withdrawal fees. However, it's always recommended to do your own research and compare different options before making any decisions.