Abucoins exchange is closing on June (24hs left to withdraw)

[Xylber]

 

Abucoins (abucoins.com) is a polish exchange with low volume and simple interface. I used it a lot because it has some coins not found in other places (for example, Abucoins has a working Siacoin wallet), and because their deposits and withdraws are really fast and let you arbitrage with other exchanges.

After banning FIAT currencies some month ago, now it is closing. You have 24hs left to withdraw everything

 

How to proceed if you have funds there (my recommendation):
Because BTC deposits are now blocked, everybody traded their alts for BTC, making the prices to drop.
For example, STRAT worth right now 4.50 dollars; in Abucoins it is 2.50 dollars. So:

- If you have ALTS, don't trade for BTC, because you will lose a lot of money. Just withdraw directly to other exchange. Some exchanges like Cryptopia and livecoins offers a fast registration, have a lot of alts, and don't requires ID to operate (not USA based). of course, use anything you want.
- If you have BTC, you can directly withdraw, but it will be much convenient for you to take advantage of the situation and buy some alt coin very cheap (STRAT, SIA, GOLEM, DOGE, just check:
https://coinmarketcap.com/es/exchanges/abucoins/