Overseas cryptocurrency exchange Liqui has closed... "Unable to continue operation due to reduced liquidity"
Liqui, the cryptocurrency exchange, announces closure
On January 28, the overseas cryptocurrency exchange Liqui announced the suspension of services and the shutdown of its operations.
When you access the site, you will see a page like the following, with messages to users due to the service halt.
Japanese translation of the important part
We announce a change in our policy here.
Unfortunately, Liqui has become unable to provide liquidity to its users. We have decided to close all accounts and halt our service provision.
Therefore, existing users should transfer all assets to another wallet within 30 days.
After the 30 days have passed, we may be unable to maintain our website. If you have not moved your assets, our terms of use will apply.
Finally, we conclude this message with the words of Marianne Williamson.
“All endings are beginnings. Through God’s grace, we can start over at any time.”
From the Liqui team
The four key points of this announcement are as follows.
- Liqui will stop service provision and close accounts
- Users must move their assets to another wallet within 30 days
- There is no guarantee the website will be maintained after 30 days
- Since assets cannot be kept for free, if users do not move their assets, fees will be deducted from those assets
Based on the above, people who have been trading with Liqui should move their deposited assets to another cryptocurrency exchange.
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