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Crypto Exchange, OKX, Discontinues Services In Nigeria - Business - Nairaland

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Cryptocurrency Exchange OKX To Cease Operations In Nigeria / Crypto Exchange, OKX Shuts Down In India, Advices Users To Withdraw All Funds / Access Bank Discontinues Old Diamond Bank Cheques (2) (3) (4)

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Crypto Exchange, OKX, Discontinues Services In Nigeria by peekspot(m): 8:39am On Jul 18



Cryptocurrency exchange, OKX, has announced plans to discontinue its services in Nigeria, citing recent changes in local laws and regulations.

The exchange, in a statement sent directly to its users on Wednesday, said this decision was based on its ongoing assessment of policies in the markets it serves.

“We are discontinuing OKX services in Nigeria after recent changes in local laws and regulations.

“From August 16, 2024, our customers will no longer be able to open any new positions or access any services on the platform, with the exception of withdrawals and closing/redemption of open positions,” the statement read.

The company said from August 16, users “will only be able to withdraw your assets; you will not be able to deposit or transact otherwise.”

“While your funds remain secure and accessible in your account, we highly encourage you to withdraw them to your private wallet or your accounts on other third-party platforms by 12:00 am (PST) on August 30, 2024.

“After August 30, 2024, you will have to reach out to our customer service teams for any account related actions. We strongly encourage you to withdraw or transfer funds prior to this date, as remaining balances may be subject to further restrictions in accordance with our Terms of Service along with local laws,” the statement concluded.

https://punchng.com/just-in-crypto-exchange-okx-discontinues-services-in-nigeria/
Re: Crypto Exchange, OKX, Discontinues Services In Nigeria by YOUNGELDER1(m): 8:58am On Jul 18
Who are we to blame for this?
Re: Crypto Exchange, OKX, Discontinues Services In Nigeria by HeatSeeker(m): 9:43am On Jul 18
So sad. I got the mail yesterday cry
Re: Crypto Exchange, OKX, Discontinues Services In Nigeria by Sesesparks: 8:51pm On Jul 18
HeatSeeker:
So sad. I got the mail yesterday cry

Crazy situation man. But no need to be sad. You can explore other alternatives like Bitget. Their p2p is also good..

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