Are blockfi withdrawals affected by the recent ftx collapse?

3 answers

• khalid afghan afghanFeb 15, 2023 · 3 years ago
  As of now, the recent collapse of FTX does not have any direct impact on the withdrawal process on BlockFi. BlockFi operates independently from FTX and has its own systems in place to handle withdrawals. However, it's always a good practice to stay updated with the latest news and announcements from both platforms to ensure you have the most accurate information regarding any potential changes or disruptions in the future.
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• Dat GolAug 12, 2024 · a year ago
  No, the recent FTX collapse does not affect the withdrawal process on BlockFi. BlockFi is a separate entity and its operations are not directly tied to FTX. Therefore, users can continue to withdraw their funds from BlockFi without any issues. However, it's important to monitor the situation closely and follow any updates from both platforms to stay informed about any changes that may occur in the future.
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• Muhammad Junaid AnwarApr 13, 2022 · 4 years ago
  While BlockFi and FTX are both prominent players in the cryptocurrency industry, they operate independently. Therefore, the recent collapse of FTX does not directly impact the withdrawal process on BlockFi. BlockFi users can still withdraw their funds as usual. However, it's advisable to keep an eye on any developments and announcements from both platforms to stay informed about any potential changes or disruptions that may arise in the future. Please note that this answer is provided from a third-party perspective and does not represent the official stance of BYDFi.
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