Crypto.com Withdrawals Working

The latest reports stated that Kris Marszalek the CEO of Crypto.com (a crypto exchange based in Singapore) stated that they will prove wrong all cynics who claimed that the platform was in trouble. On Monday, 14th November 2022, Marszalek gave the answers to all the questions which were asked during the live streaming Youtube. He stated that their website always maintained reserves in order to match each and every coming customer organized on its platform. He declined all the claims that state that the customers using Crypto.com are facing any issues.

Crypto.com Withdrawals Increases After CEO Committed Transaction Problem

He says that our withdrawals are totally working and our website will resume work and move to make sure that markets are distressed by the sudden fall of opposition firm FTX.com. The sudden collapse of the firm has made the people scared and they are feeling distressed. In order to resolve the problems of the customers or users, the CEO of Crypto.com tries to provide the right information to the people so that they can freely use this platform. Marszalek talking during the Q&A session of Youtube Livestream once again repeated that the firm has less than ten million dollars of exposure to FTX and they have a very “strong and good balance sheet. Those who are worried will get audited proof of put aside report will be shared within weeks. Be caution! the trade did not involve in any kind of “reckless lending products.” Last week, FTX lodged for bankruptcy, and all the traders and marked shifted their attention towards the other exchanges of crypto like Singapore-based crypto firm. The native of the firm CRO token has collapsed 45% in the past week, as viewed by the data of CoinGecko. Marszalek states that his firm never uses CRO as an ancillary for giving loans. As of now, this firm has users of more than 70 million and has private reserves coverage of all liabilities and assets. As per the CEO, this year as well his firm will remain an initial and official sponsor for football sports Fifa World Cup 2022. As of now we only have this many details but we will be back soon.

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