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Crypto Exchange Zipmex sets Timeline for Withdrawals of These Tokens

Cryptocurrency exchange Zipmex Pte has planned to allow investors to withdraw some tokens from their trading wallets.

Cryptocurrency exchange Zipmex Pte has planned to allow investors to withdraw some tokens from their trading wallets. Zipmex announced all Solana (SOL) tokens will be credited to investors' trade wallets on Tuesday. The company has also set a timeline for other tokens like Ripple’s XRP and Cardano’s ADA. However, major cryptocurrencies such as Bitcoin and Ethereum remain locked up. Due to volatile market conditions, Asia's crypto exchange halted its trading platform in July.

In an official announcement, Zipmex said, "Solana (SOL) in your Z Wallet has been credited to Trade Wallet on 2 August 2022."
"We promised to resolve the Z Wallet situation and resume services.

Further, Zipmex will release XRP in the Z wallet on August 4, and ADA tokens on August 9.

It said, "Tokens in Z Wallet will be debited and the corresponding amount will be credited back into your Trade Wallet. No user action is required. Once the tokens in the Trade Wallet are available, you may withdraw as per usual."

Talking about Bitcoin and Ethereum and other stablecoins, Zipmex said in its statement, "We know it’s a small step, but it’s a step in the right direction. We realize many users will still have some BTC, ETH, and stable coins remaining in Z Wallet. Read More...
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