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Home Crypto Exchanges

Altcoin platform NovaExchange to shutdown

Published by CryptoNinjas.net
10/30/2017
NovaExchange shut down

Today the management of altcoin exchange NovaExchange announced the company will have new owners and management effective April 2018. The new owners plan major upgrades to the exchange to better handle scaling, stability, and security.

If current users do not want to wait around for new owners and management they can withdraw all their funds without worry of participation and responsibility of actions of the new management.

The preliminary closure schedule is laid out below:

10-30-17: This information goes public, user registration closes, adding coin page closes, disabling deposits of ETC and ETH.
11-30-17: Deposits disabled for ALL coins, all users get level 3 verified account level
12-15-17: ONE last deposit scan to take care of deposits made after 2017-11-30
01-31-18: Email reminder to all registered users
02-28-18: Trading engine stops, dice game stops, API stops
03-31-18: Login pause, website replaced with information of the new management takeover
04-15-18: Support closes, all Novaexchange user data removed

Current plans call for any remaining user balances that have not been withdrawn before 2018-04-01 to be non-refundable.

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