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BloFin announces temporary suspension of ORC deposits for asset safety
BloFin has temporarily suspended deposit services for ORC as a precautionary measure to protect customer assets.
Leading Forex Broker in United States
7.95/10
*Rated by real traders on Traders Union
- Chosen by 0+ local traders in the last 3 months.
- Traders earn on average 12% more per month vs other brokers.
BloFin has temporarily suspended deposit services for ORC as a precaution. According to the company's announcement, this action was taken to ensure the safety of user assets.
No further details regarding the reason for the suspension or the expected duration were provided in the post.
BloFin is a centralized cryptocurrency exchange supporting over 300 USDT-M perpetual futures contracts, spot trading, copy trading, and passive income tools for digital assets. The platform is available via web, mobile app, and API, offering features suitable for both active traders and those seeking automated strategies. To learn more, visit the broker profile on Traders Union.
For background, the previous BloFin update on Traders Union described the broker's introduction of revised leverage and margin tiers for perpetual contracts to strengthen risk management and market liquidity. You can read more in the previous BloFin update on Traders Union.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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