Overview

Click to expand overview
Crypto exchange FTX on Friday said the Ethereum (ETH) withdrawals on FTX US will resume soon. Moreover, users looking to withdraw Polygon (MATIC) need to cancel their pending I read here that MATIC withdrawals on FTX were made via Polygon but this isn't the case. Just did a withdrawal, paid fees, and got ERC-20 Matic on my After a brief delay, FTX US will shortly begin Ethereum [ETH] and Polygon withdrawals, asking MATIC users to cancel their pending withdrawals and initiate a fresh request. Earlier, FTX US FTX has resumed withdrawals for Ethereum (ETH) and Polygon (MATIC) after a brief pause due to liquidity challenges. The exchange announced that users can now withdraw MATIC as ERC Today, we’re thrilled to announce that Robinhood, the popular stock and crypto investing app in the US, has launched support for deposits and withdrawals of MATIC on the Polygon Proof-of The collapse of the prominent crypto exchange FTX took a toll on the entire market Several assets dropped down to their yearly lows In addition to this withdrawals for all Crypto exchange FTX on Friday said the Ethereum (ETH) withdrawals on FTX US will resume soon. Moreover, users looking to withdraw Polygon (MATIC) need to FTX US withdrawals:ETH withdrawals will resume shortly, our apologies on the delayMatic – if you would like to withdraw Matic please cancel your withdrawal and request On a brighter note, FTX’s US wing affirmed that withdrawals for Ethereum [ETH] and Polygon [MATIC] would be made available soon. MATIC holders, however, were

FTX US Greenlights Ethereum (ETH) & Polygon (MATIC) Withdrawals: What You Need to Know

Good news for FTX US users! After a brief pause, withdrawals for Ethereum (ETH) and Polygon (MATIC) have been given the green light. The crypto exchange FTX announced on Friday that Ethereum withdrawals on FTX US will resume soon. This comes as a welcome relief after liquidity challenges temporarily halted operations.

MATIC Withdrawals on FTX US: Important Update

If you're looking to withdraw Polygon (MATIC) from FTX US, there's a crucial detail to note. FTX is asking MATIC users to cancel their pending withdrawals and initiate a fresh request. This is important to ensure your withdrawal is processed correctly. Some users have reported receiving ERC-20 MATIC after withdrawals, indicating the importance of following these instructions. While some might assume MATIC withdrawals on FTX were exclusively via the Polygon network, this isn't always the case. Double-check your withdrawal details to confirm the network.

Ethereum (ETH) Withdrawals Resumed Shortly

Following a brief delay, FTX US is now allowing Ethereum (ETH) withdrawals. The exchange affirmed that ETH withdrawals will resume shortly, addressing previous delays. This will allow users to access their ETH holdings with greater ease.

Why the Pause and What's Next?

The temporary pause in withdrawals was attributed to liquidity challenges, impacting various crypto assets. The collapse of FTX had a significant impact on the market, driving down asset values. However, the resumption of ETH and MATIC withdrawals on FTX US signals a positive step towards restoring user confidence.

MATIC Support Expanding: Robinhood Now Supports MATIC Deposits and Withdrawals

Beyond FTX US, Polygon (MATIC) is gaining wider adoption. Today, Robinhood, the popular stock and crypto investing app in the US, has launched support for deposits and withdrawals of MATIC on the Polygon Proof-of-Stake network. This provides users with another convenient option for managing their MATIC holdings.

Key Takeaways:

  • FTX US has resumed withdrawals for Ethereum (ETH) and Polygon (MATIC).
  • MATIC users on FTX US should cancel pending withdrawals and re-initiate them.
  • Ethereum (ETH) withdrawals are now available shortly on FTX US.
  • Robinhood now supports MATIC deposits and withdrawals on the Polygon network.

Stay updated on the latest developments regarding FTX US withdrawals and the wider crypto market for informed decisions.

Top Sources

Related Articles