Liqui exchange shuts down; "no longer able to provide liquidity"

28 Jan, 2019 | Updated: 28 Jan, 2019
by Will Heasman
Breaking News
Liqui exchange shuts down; no longer able to provide liquidity

The latest company to be purged in the midst of the crypto winter is prominent exchange Liqui. An announcement on their official website details the shutdown.

In a heartfelt statement to their remaining users, the crypto exchange, Liqui, relays the company’s termination, closing user accounts, urging account holders to withdraw any remaining digital assets:

“Liqui is no longer able to provide liquidity for the Users left. We also do not see any economic point in providing you with our services. However, we do not want to return to where we were a month ago. Hence, we decided to close all accounts and stop providing our services. It broke our hearts to do that.” The statement reads.

The exchange’s statement concludes that it “may be back soon”, but that it depends on the market, which Liqui says has “changed significantly since 2017.”

Twitter quickly responded to the news, with some reminiscing:

And some stating that this is the beginning of the end for crypto exchanges:

Read more: exchange faces criticism for short withdrawal notices on delisted coins

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