Exchange of crypto-coins closes due to lack of liquidity and gives 30 days to withdraw funds through the site

In a crisis since last year, the exchange of crypto-coins Liqui.io, which has its headquarters in Kiev, Ukraine, announced the closure of activities on Monday (28), as noted in its official website.According to the company, the reason for the closure was the lack of liquidity, as described in the statement. This is due to changes in the platform passed with the exclusion of support for several cryptoactive in the middle of 2018, thus losing several customers.

"Liqui is no longer able to provide liquidity to its users and we see no economic reason to continue with the services. We do not want to go back to where we were a month ago, so we decided to close all accounts and shut down. That broke our hearts, "says a passage from the text.

The note says that users have 30 days to withdraw their funds from the platform as of the date of the release. For those who did not make the withdrawal of funds after the changes, the company said that in that same period can also be held.

If you do not withdraw your funds within 30 days, the exchange says that according to its Terms of Use, fees will be applied on the remaining cryptoactive, since after the term it will no longer support and should charge for the storage service.

The exchange says, however, that they are likely to return to business soon, but that would depend on a positive relationship in the crypto-coins market, as it "has changed significantly since 2017."

"We do not know what else to say, but we thank you for supporting the crypto-coins community and for believing in us," the exchange ended.