Why hasn’t the ChainBit trading platform opened yet? (2020 ChainBit IMU latest report)

Why hasn\’t the ChainBit trading platform opened yet? This morning, the ChainBit

Why hasnt the ChainBit trading platform opened yet? (2020 ChainBit IMU latest report)

Why hasn’t the ChainBit trading platform opened yet? This morning, the ChainBit trading platform announced that due to technical reasons, the registration channel cannot be opened. This has caused some users to be unable to withdraw funds to their wallets due to financial issues. Many customers have also consulted the ChainBit platform’s customer service why they haven’t been able to make deposits before today’s opening?According to the website’s instructions, if users haven’t followed the instructions, they can choose to transfer or sell the currency. But this doesn’t mean that users cannot continue to perform deposit, withdrawal, and other operations. It is because when some projects that do not comply with regulations are discovered, they may be affected by market selling. These projects may also have similar issues, such as exchange shutdowns and the emergence of other projects.

2020 ChainBit IMU Latest Report

Editor’s note: This article is from ChainBit Information (ID: William1913), author: Chen William, authorized reproduction from Odaily Star Daily.On February 3, 2020, the “IMU” live broadcast officially started. According to official announcements, since January 5, 2019, at 4:30 PM, they have started “mining and earning coins” on the BitMEX Coinyou Bao APP, with a maximum increase of over 100% from early August until now. In February 2020, with the gradual cooling of the DeFi craze and serious congestion in the Ethereum network, gas fees continue to rise, resulting in a continuous decline in Bitcoin’s overall network computing power. Meanwhile, due to factors such as the halving of block rewards, transaction fees have dropped significantly, leading to a situation of load balancing in the entire industry. As a result, a large number of miners shut down, exchanges crashed, projects fled, and security issues occurred. These events have brought immense uncertainty and risk to the cryptocurrency market. However, blockchain technology, as the new generation digital asset financial infrastructure, already has a certain foundation in terms of capability. In addition, with the halving of Bitcoin and the entry of major institutions, stronger price increases have been brought to Bitcoin, making it the central investment target for investors. Currently, ChainBit has recently completed the global strategic deployment of BTC spot contract futures products and will soon release a series of products including perpetual contracts. In the future, ChainBit will further expand the scale of its derivatives trading business and build more compliant financial ecosystem services.

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