FTX Japan said it will resume fiat and cryptocurrency withdrawals on February 21, according to Feb. 20. statement.
The bankruptcy exchange’s Japanese subsidiary said withdrawals would be processed through Liquid Japan’s web platform.
FTX Japan said users will need to check their balances and transfer them to Liquid’s platform. According to the statement, users who do not have Liquid accounts will need to open one.
The exchange added that due to the expected high number of requests from customers, the withdrawal process may take some time to complete.
“We will announce the resumption of other FTX Japan services as soon as possible.”
The Japan-based exchange suspended withdrawals in November 2022 after the collapse of the FTX crypto exchange.In December 2022, the exchange announced it was working to make user funds available. Did.
Meanwhile, some investors have already expressed interest in acquiring the company.
A post about FTX Japan resuming withdrawals on February 21 first appeared on CryptoSlate.
