ForexClub Libertex closes All Orders of Bitcoin and Litecoin on July 31st

July 31, 2017

Bitcoin and Litecoin positions are going to be closed tonight.

ForexClub Libertex closes All Orders of Bitcoin and Litecoin on July 31st

Changes to the Bitcoin protocol creates an uncertain market situation in which exchanges cannot guarantee price stability, sufficient liquidity and transparent rules for future technological updates for Bitcoin.

In such conditions, the price quotes of the crypto currency may be subject to drastic changes, commissions and widening of spreads to abnormal values, creating high potential risk for financial losses for the Clients.

To prevent this, by 21:00 GMT on 31.07.17 trading operations on crypto-currencies will be suspended, all open trades on Bitcoin and Litecoin will be closed at the actual price, all pending orders will be deleted.

We expect the return of trade for crypto-currencies after the normalization of the situation and the stabilization of liquidity for the specified instruments.

Please check all your open and pending orders on crypto-currencies. Until the specified time of compulsory closing of positions, you have the opportunity to choose when to close them yourself.

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