To better guarantee the rights of our users, reduce risky assets on AOFEX, lower the freezing risk of bank accounts, and secure users’ assets, AOFEX will implement the new OTC withdrawal policy at 00:00, August 14, 2021 (GMT+8) and change the OTC withdrawal to T+1 based on the original risk control.
After users buy coins with fiat currencies successfully, the assets cannot be withdrawn, transferred to others on the platform, sold (via OTC), and sent via red packets within 24 hours, but can be transferred among your accounts on the platform, traded, and undergo wealth management. After 24 hours, the assets will be unlocked automatically.
AOFEX is always committed to provide secure trading environment of crypto assets for users, strictly implement KYC and AML risk control mechanism, employ vivo detection measures to prevent the inflow of risky assets. The T+1 withdrawal restriction can further avoid assets loss due to risky assets and secure users’ assets.
Digital asset is a high-risk investment product featuring by wild fluctuation, round the clock trading and so on. We highly recommend that users involve and invest very carefully after understanding the rules and risks. It is highly necessary to be aware of the risks by considering the experience and tolerance.
Thanks for your support!
August 13 2021