AAX exchange suddenly suspended all operations, stating that it "needs 7-10 days to verify and restore user assets."

2022-11-13 22:53:15

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ChainCatcher news, AAX exchange suddenly announced the suspension of all operations, including trading and withdrawals, stating that "the current system upgrade requires our third-party partners to verify and restore all user asset data. Due to the current market situation, the time required for integration is longer than usual, and we are currently queued to complete it within 7-10 days."

However, AAX's Head of Research and Strategy, Ben Caselin, stated in the community that maintenance will take longer, and AAX is discussing enabling withdrawals during the ongoing maintenance.

According to Coingecko data, AAX is ranked among the top twenty derivatives exchanges. AAX is a cryptocurrency exchange established in Hong Kong in 2019. (source link)

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