HUOBI restricts crypto withdrawals for 24 hours
• The cryptocurrency platform HUOBI applies the regulations since August 2020.
• Chinese traders use other crypto exchange platforms without regulations.
The Seychelles exchange system in East Africa, HUOBI, now allows cryptocurrencies to be withdrawn within 24 hours. This decision deals a severe blow to the crypto traders of the country.
For many crypto traders, it is absurd because the cryptocurrency market practically does not rest. However, the condition was imposed…