Japanese exchange Coincheck announced that users will be able to withdraw and sell XMR, but purchase will still be unavailable.
Coincheck Resumes Monero Withdrawals and Sales
The official message says that, in addition to the partial resumption of work with Monero, the security system has also been updated, so all previous requests have been stopped and clients will need to create new ones..
Additionally, you will need to confirm the recipient’s address, inform about the purpose of the transfers and identify your identity. Initially, the verification procedure may take several days, so the exchange asks customers to be patient..
Confirmation of information is required for each new transaction with XMR..
The administration warns that the possibility of overloading the platform servers is possible. Therefore, in the event of unforeseen situations or sharp price fluctuations, the trading platform may suspend work without warning for an indefinite period..
As a reminder, Coinbase will open a division in Japan.
text: Ivan Malichenko, photo: Moose,