Bitstamp to halt trading in FTT, CEL
Bitstamp announces that it is halting trading of FTT and CEL on November 22, 2022, at 12:00 PM UTC. This happens after FTX filed for Chapter 11 bankruptcy and the impact across the crypto sector has been far reaching.
Bitstamp advises traders that if they plan on performing any more trades, they should do so before the deadline. Bitstamp insists that withdrawals will still be possible after this date.
Below is a list of questions and answers on this topic:
-
“What do you mean by trading halt?
It means we’re disabling new orders and cancelling existing orders for all FTT and CEL pairs. Withdrawals will remain enabled after the deadline.
- How do I know if I have FTT/CEL?
We have taken every step to notify users who held either of the tokens. We also encourage you to check your portfolio in your dashboard or the Bitstamp app.
- What happens if I hold FTT/CEL after the deadline?
You’ll still be able to withdraw the tokens by transferring them to an address that supports them, either to your personal wallet or to another exchange.
- Can I still deposit FTT/CEL tokens to my Bitstamp account?
Deposits for CEL tokens will be blocked, but you will still be able to deposit FTT.
- Can I still sell them after the deadline?
No, selling them on Bitstamp after November 22nd, 2022, 1pm CET, 12pm UTC will be disabled, you’ll only be able to withdraw the tokens. If you wish to sell your tokens on Bitstamp, you must do so before the deadline.
- Will I still be able to see my trade history for FTT and CEL?
Yes, your entire trading history of FTT and CEL pairs will remain visible”.