|We are pleased to share with you that with the advent of the whiteBIT exchange which supports the EDC/USDT pair, we can finally phase out the EDEXCHANGE (EDEX) as it no longer serves its original purpose well.|
By phasing out EDEX, we are able to better streamline our EDCOIN initiatives and this will help alleviate certain longstanding challenges on deposit and withdrawals, especially in the light of expensive ETH/GAS/GWEI fees when interacting with anything related to an ERC-20 token. (The expensive ETH/GAS/GWEI fees also do pose challenges for our users on UNISWAP.) Of particular note, withdrawal fees are severely impacted whenever ETHEREUM prices reach new All-time-highs (ATH) and this amplifies issues further.
EFFECTIVE 1st MARCH 2021
Effective 01 March 2021, the Management of EDEXCHANGE (EDEX) will:
1) Halt deposits and
2) Halt all trading activities.
BALANCES IN YOUR EDEX WALLET
Users who have balances in their wallets are advised to immediately place their withdrawal requests BEFORE 1st March, 2021 which is the designated phase out date so that EDEX Admin will be able to have sufficient time to approve your withdrawals. Please act early to avoid the last minute rush. (Do rest assured that all funds are safe even after 1st of March, 2021. https://t.me/EDcoinFinance/53194)
The Management of EDEX would like to extend its gratitude to all users who have patronized the platform since it opened in 2020. We hope that you will continue to follow the exciting developments the EDCOIN project. With the listing of EDC on the whiteBIT exchange and the recent burning of 100,000,000 EDC, hodlers of EDC will have exciting and rewarding days ahead to look forward to as the eco-system for EDCOIN grows.
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How do I withdraw my crypto now that EDEX has been phased out? Print
Created by: Edcoin Admin
Modified on: Mon, 29 Mar, 2021 at 8:50 AM
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