BTC-e's Haircut Plan: Half the Balances and Free 'In-House Token' Trades
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BTC-e's Haircut Plan: Half the Balances and Free 'In-House Token' Trades

THELOGICALINDIAN - Last anniversary newsBitcoincom appear on the cryptocurrency barter BTCe announcement how the alignment affairs to accord barter who absent funds during the trading platforms contempo affairs with the FBI Since again the barter has appear new arrange which will acquaint new tokens alleged BTCT and action chargeless trading for that specific market

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On August 14 the cryptocurrency barter BTC-e appear new affairs to redistribute the funds larboard on the trading belvedere afterwards the contempo U.S. law administration takedown. Last anniversary we detailed that the barter told all of its barter anniversary one of them will accord with a “haircut loss” and BTC-e would actualize a new badge to pay aback the butt of funds. A “haircut loss” about socializes the absolute accident of funds amid every BTC-e user who captivated funds on the platform. Basically, the barter is demography the same path Bitfinex took aback in August of 2016, back the Hong Kong-based belvedere was afraid for millions. Now the barter has provided barter with a new amend stating;

“We [BTC-e] accept apprehend acknowledgment about our angle to handle the contempo situation, and we absitively to alter our accommodation in favor of association opinions,” explains BTC-e’s latest post. “We accept that this is a acceptable way out of the bearings and is fairer for the holders of cryptocurrency and authorization funds on our exchange. For anniversary currency, a recalculation will be fabricated demography into annual the currently accessible assets. Currently, 55 percent of funds are available, so 55 percent will abide in ‘currency,’ and 45% will be adapted to our specific bill ‘token.’ For tokens of all currencies, chargeless trading on a abstracted folio will be opened.”

BTC-e explains that users will charge to accede with AML/KYC guidelines as the barter will be alive with a close to action user verifications. Last anniversary the barter detailed that it was in the action of rebranding and relaunching a new cryptocurrency exchange. It’s currently alien who has partnered with the trading belvedere or what the barter will be called.  

The new capacity additionally acquaint of scams and phishing sites assuming to be official BTC-e websites or representatives. The barter says all of its “official information” can be begin on the company’s Twitter page and its official annual on the Bitcointalk.org forum.

What do you anticipate about BTC-e’s crew accident and BTCT badge idea? Do you anticipate they will be acknowledged like Bitfinex, and accord their barter back? Let us apperceive your thoughts in the comments below.

Images via Shutterstock and BTC-e.

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