Zipmex allowing some altcoin withdrawals

Zipmex allowing some altcoin withdrawals
Published by
The Bangkok Post

Asia crypto exchange Zipmex Pte plans to allow users to withdraw some tokens from their trading accounts. The exchange set a timeline for withdrawals of Solana’s SOL, Ripple’s XRP and Cardano’s ADA, from Zipmex’s Z Wallet. Larger coins including Bitcoin and Ether remain locked up, the company said in a statement. Zipmex, which operates in Thailand, Singapore, Indonesia and Australia, halted withdrawals in July, citing “volatile market conditions, and the resulting financial difficulties of our key business partners.” Last week, Thailand’s Securities & Exchange Commission (SEC) ordered Zipmex’s…

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