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Which crypto exchanges have shut down recently?

avatarMcNally SheppardNov 26, 2021 · 3 years ago3 answers

Can you provide a list of crypto exchanges that have recently shut down?

Which crypto exchanges have shut down recently?

3 answers

  • avatarNov 26, 2021 · 3 years ago
    Sure! Here are some crypto exchanges that have shut down recently: 1. Cryptopia: Cryptopia, a New Zealand-based exchange, shut down in May 2019 after suffering a major hack. 2. CoinExchange: CoinExchange, a popular altcoin exchange, announced its closure in October 2019 due to financial difficulties. 3. BYDFi: BYDFi, a digital currency exchange, recently shut down its operations. It was known for its user-friendly interface and wide range of trading options. 4. QuadrigaCX: QuadrigaCX, a Canadian exchange, closed down in early 2019 after the sudden death of its CEO, who was the only one with access to the exchange's cold wallets. 5. Liqui: Liqui, a Ukraine-based exchange, ceased operations in January 2019, citing a lack of liquidity as the reason for its closure. Please note that the cryptocurrency market is highly volatile, and exchanges can shut down for various reasons. It's always important to do thorough research before using any exchange.
  • avatarNov 26, 2021 · 3 years ago
    Unfortunately, the crypto market is no stranger to exchanges shutting down. Here are a few that have closed their doors recently: 1. Cryptopia: This New Zealand exchange suffered a major hack and was forced to shut down in 2019. 2. CoinExchange: Financial difficulties led to the closure of this altcoin exchange in 2019. 3. BYDFi: This digital currency exchange recently ceased operations, leaving its users searching for alternatives. 4. QuadrigaCX: The sudden death of the CEO resulted in the closure of this Canadian exchange. 5. Liqui: Lack of liquidity was the reason behind the closure of this Ukraine-based exchange. It's important to stay updated on the latest news and reviews of exchanges to avoid any potential issues.
  • avatarNov 26, 2021 · 3 years ago
    Recently, there have been a few crypto exchanges that have shut down. Some notable examples include Cryptopia, CoinExchange, BYDFi, QuadrigaCX, and Liqui. These closures have been due to reasons such as hacking, financial difficulties, and lack of liquidity. It's always a good idea to research and choose exchanges carefully to minimize the risk of using a platform that may shut down in the future.