The T+1 model has been available in AOFEX’s OTC withdrawal policy. To better protect users’ rights, reduce the risk of freezing bank account, and improve users’ experience, OTC market makers can choose T+1 model based on their needs.
With OTC T+1 model enabled, after users buy coins with fiat currencies successfully, their assets cannot be withdrawn, transferred to others on the platform, sold (via OTC), and sent via red packets within 24 hours, but can be transferred among your accounts on the platform,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.
With OTC T+1 model disabled, after users buy tokens with fiat currencies, such tokens are free of any restrictions.
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 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.
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September 2 2021