As a major development, the Poloniex crypto exchange has announced that from November 24, it will suspend deposits and withdrawals functions for stablecoins on the BEP20 (BSC) network. These include USDT, USDC, TUSD and Binance’s own BUSD.
Poloniex’s Abrupt BSC Halt
According to the recent announcement, Poloniex has stopped the BEP20(BSC) network deposit function for the above-mentioned stablecoins. However, the deposit and withdrawal functions for other BSC-based tokens will remain operational.
Poloniex will no longer support the deposit or withdrawal of any stablecoins on the BEP20(BSC) network from November 24 onwards, until further notice. However, we will continue to offer equivalent multichain solutions for stablecoins across the ERC20 and TRC20 networks.
- Poloniex korisnička podrška (@PoloSupport) Novembar 23, 2022
Osim toga, objava urges users to use the ERC20 and TRC20 networks for stablecoin deposits and withdrawals, and that the team would be offering equivalent multichain solutions for the different stablecoins.
No Reason Given For Suspension
The crypto exchange Poloniex did not provide any further information on why it abruptly suspended services for BSC stablecoins.
Moreover, its terms of use specifically state that the exchange “reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.”
Poloniex’s Reserves & Fifa Plans
In other news related to Poloniex, the exchange has shared plans to undergo a full audit in order to share their dokaz o rezervama with the community. This will further push transparency in the industry as pioneered by Binance.
Recently, the “Poloniex World Cup Carnival” marketing initiatives were also introduced by Poloniex to commemorate the FIFA World Cup 2022 and to encourage football fans all around the world to participate in the international sporting event.
Through contests and games, the virtual carnival enables football enthusiasts & token owners to divide a prize pool of up to $100,000. With the recently released fan tokens, Poloniex aims to further incorporate Web3 initiatives in the crypto community and beyond.
O Poloniexu
Osnovana u januaru 2014. godine, Poloniex je globalna berza kriptovaluta koja podržava spot i fjučers trgovinu, kao i tokene sa leveridžom. Sa platformom za trgovanje svjetske klase, Poloniex je 2019. godine dobio sredstva od Nj.E. Justina Suna, osnivača TRON-a, kako bi proširio svoju međunarodnu bazu klijenata.
Predstavljeni sadržaj može sadržavati lično mišljenje autora i podložan je tržišnim uslovima. Istražite tržište prije nego što investirate u kriptovalute. Autor ili publikacija ne snosi nikakvu odgovornost za vaš lični finansijski gubitak.
Source: https://coingape.com/breaking-poloniex-suspends-support-for-stablecoins-on-bsc-network/