Poloniex to Resume Deposit and Withdrawal Services on November 30, 2023

Poloniex is a major centralized exchange in the world of crypto trading. It will resume deposit and withdrawal services on November 30, 2023, at 02:00 (UTC) to prepare for a recovery. This move follows a security breach-induced pause. Initial deposits and withdrawals are for TRX. However, it plans to reintroduce BTC, ETH, and USDT within the next two weeks.

Poloniex Enhances Security Measures Post-Suspension

The phase-wise restoration of Poloneix shows its commitment to consumer financial security. However, the suspension was unfortunate for users of the platform. In this regard, Poloniex assures users that their funds are safe and that withdrawal requests will be processed quickly. The platform sincerely apologizes to users for the temporary suspension of its services. Poloniex prioritizes preventing new vulnerabilities for its valuable users. Moreover, it protects user assets by improving its security architecture.

📢 Poloniex Announcement:

Our deposit and withdrawal services will gradually resume from November 30th, 2023, at 02:00 (UTC).

We’ll implement a phased approach starting with enabled TRX deposits and withdrawals, followed by BTC, ETH, USDT, and more within the next two weeks.… pic.twitter.com/yKFZSQvnJr

— Poloniex Exchange (@Poloniex) November 29, 2023

Poloniex and HTX DAO launched a special airdrop to thank users for their continuous support in this difficult time. This airdrop awards users based on their Poloniex asset average. This airdrop’s asset balances will be calculated on December 1, 2023. It will distribute tokens from a high-quality project going to be listed. The details of the event will be revealed in December.

Poloniex is resuming services and updating listings. They are committed to offering a diverse and engaging trading platform. Users are advised to adopt the revised deposit addresses as soon as they become available.

Poloniex Focuses on Security and User Engagement Amid Market Changes

Poloniex encourages users to learn and contribute to platform enhancements due to the ever-changing crypto market. The continued security enhancements of Poloniex and listing expansion reflect its dedication to a strong and user-friendly trading environment.

The gradual resuming of deposit and withdrawal services is part of their effort to recover from recent issues and become more resilient and secure. The platform addresses past issues and prepares for the future. Additionally, it ensures that users can trade safely on the platform.

However, Poloniex remains committed to providing a secure, efficient, and innovative trading platform. Users of this platform are impatiently waiting for full functionality. The airdrop increases the commitment of Poloneix to user engagement and value through its strategic partnership with HTX DAO. Poloniex will improve in the coming weeks to better assist its community and advance the cryptocurrency sector.

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