Liqui exchange, popular for listing startups and low budget ICOs has announced that due to prolonged bear market, the cryptocurrency exchange is no longer able to provide liquidity for its users. It will be closing its doors on 28th February 2019 so you have 30 days to withdraw your funds. After that, the funds will have to be manually processed.
Here is the notice that Liqui has put up on its website.
Recently, we were happy to announce the change in our policies. We gave you the right to decide whether you want to be with us in our Crypto Exchange journey by accepting the changes.
Much to our regret, after this step 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.
You will be able to withdraw your Digital Assets through our website within 30 days after this message was sent. If you did not withdraw delisted Digital Assets since we announced changes in our policies, you will also have another 30 days from the date this message is sent.
We may be back soon. However, that depends on the market which has significantly changed since 2017. We do not know what else to say but say thank you for supporting the cryptocurrency community and your faith in us.
We want to finish this message by the phrase of Marianne Williamson – “Every ending is a new beginning. Through the grace of God, we can always start again”.
Your Liqui Team