OKEx to Resume Withdrawals Before Nov. 27, Offers New Compensation Programs

OKEx, likely trying to forestall a mass exodus of funds when its five-weeks-long freeze on withdrawals lifts this week, on Tuesday said it will offer a mix of compensation and rewards to users who’ve suffered because of the suspension.

Meanwhile, a spokesperson from the Malta-based crypto exchange has confirmed with CoinDesk that the date to resume its cryptocurrency withdrawal service will be sometime before the previously disclosed Nov. 27 Hong Kong Standard Time (GMT+8) date.