UPDATE #3: The deadline has been extended to August 8th, 2021
UPDATE #2: The deadline has been extended to July 18th, 2021
UPDATE: The deadline has been extended to the 4th of July, 2021
Dear YallaBit Customers,
We regret to inform you that after exhausting all our options, YallaBit has no choice but to close its operation. This decision was not made lightly but due to all the factors and circumstances the company has faced since September 2020, we have been left with no other option.
The following changes are occuring:
1) Trading of 7 pairs have been halted as of today May 18th, 2021 due to a liquidity complication with our company closure. But withdrawals for those pairs are enabled until June 20th, 2021
- TRX (Tron)
- ADA (Cardano)
- NEO (Neo)
- XTZ (Tezos)
- XLM (Stellar)
- EOS (EOS)
- XEM (NEM)
2) 5 pairs will continue to be open for trading until June 20th, 2021. Withdrawals and trading will halt on June 20th, 2021 for those pairs.
- BTC (Bitcoin)
- XRP (Ripple)
- ETH (Ethereum)
- LTC (Litecoin)
- BCH (Bitcoin Cash)
3) Please note that we cannot process any KWD Withdrawals as we don’t have a bank account, therefore, if you have any remaining KWD balance left in your account, you will need to buy one of the 5 coins that are still open for trading. Deadline for this is June 20th, 2021. Any KWD balance left in your account past the deadline will unfortunately be locked and not accessible.
We would like to ask you all for your support in the withdrawal of your funds before June 20th, 2021.
For information on how to withdraw your funds, please click here
Kindly note all funds that have not been withdrawn by June 20th, 2021 will have to be processed manually which could take weeks to process.
We thank you for your support and understanding and we would like to share with you a few last words from our CEO.
UPDATE #3: The deadline has been extended to August 8th, 2021
UPDATE #2: The deadline has been extended to July 18th, 2021
UPDATE: Deadline has been extended to 4th of July, 2021