Response to Cryptsy insolvency

January 15, 2016 Quick read

Earlier today, Cryptsy announced that they had been hacked in 2014 and as a result of that was now insolvent. Cryptsy is one of the largest and most popular cryptocurrency exchanges and we hope a solution can be found in order for Cryptsy to continue it’s operation.

We’ve been asked by some users, how this is going to effect our service, so we wanted to make a few things clear in regards to Cryptsys situation.

  1. does not rely on Cryptsy and this will not effect our service in any way.

  2. Our service is based on instant exchanges, which means we do not store our users coins any longer than we have to. As a result, we will never have issues with solvency.

Happy exchanges!
The team