Digitrade Crypto Exchange Dumps Traders with Less Than $25,000 Balance

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Yuri Molchan
Today, Digitrade ITC Trade Desk publicly stated that it does not intend to service retail traders. The minimum trading balance has now been raised to $25,000
Digitrade Crypto Exchange Dumps Traders with Less Than $25,000 Balance
Cover image via U.Today

Today, Digitrade ITC Trade Desk publicly stated that it does not intend to service retail traders. The minimum trading balance has now been raised to $25,000 – this is the threshold available to licensed traders and institutional clients. The new policy becomes effective as of October 17.

The CEO of Digitrade explained this step as the result of low transaction volumes that have recently been noted. All traders who do not fit the new category are strongly advised to take out their funds before October 17. Only crypto withdrawals are allowed. All fiat currency should be changed into digital coins.

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.