WazirX: The Indian Rupee withdrawal feature will be gradually enabled on the 26th, and cryptocurrency withdrawals will be temporarily unavailable

2024-08-23 20:55:47
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ChainCatcher message, WazirX has released an important announcement regarding the next steps for withdrawals of Indian Rupees and cryptocurrencies: For cryptocurrency balances, users will be unable to withdraw cryptocurrencies from their platform accounts for a period of time due to a significant loss of balances caused by network attacks and the theft of ERC-20 tokens, resulting in insufficient token assets to repay the debts incurred from the token balances owed to platform users.

For Indian Rupee balances, WazirX will lift the suspension on INR withdrawals on August 26, 2024, and will gradually enable the INR withdrawal feature.

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