Why has Huobi suspended XRP deposits and withdrawals?
Why has Huobi suspended XRP deposits and withdrawals? On July 10th, after the f
Why has Huobi suspended XRP deposits and withdrawals? On July 10th, after the final round of voting for the XRP community governance was approved and implemented, Huobi decided to temporarily suspend the deposit and withdrawal functions for XRP tokens (XRPL) starting from today.
According to the official announcement, there are several reasons for this adjustment:
1. Huobi will take a snapshot of users’ XRP assets starting from July 15th, 2020.
2. Huobi will stop XRP trading at 12:00 PM Singapore time on July 16th, 2021. Here are the specific arrangements: https://github.com/xrpl_protocol/releases/tag/0xc8c4a9d6e3b5f0cb85bdcebe8818fbc76dac72fe
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