Today, some users of the popular crypto exchange, KuCoin, took to Twitter to lament the halting of their withdrawals. Aside from KuCoin, major cryptocurrency exchanges are also facing some withdrawal issues in what has been a dramatic week for the cryptocurrency space.
One of the users on Twitter, identified as Mac, bemoaned how KuCoin halted his withdrawal request, asking him to provide some security information. To verify the request’s legitimacy, KuCoin has asked that the user provide a photograph with an identity document and a screenshot of his withdrawal history.
Another user, identified as Satoshi Stacker, said he encountered a similar issue. According to him, he was only able to withdraw after sending the identity photograph. The user reacted to the initial post by Mac, recalling the stress they went through before seeing to the root of the issue.
Stacker described the withdrawal took about twenty minutes before completion. Lastly, Stacker concluded that it hadn’t been a good time for the entire cryptocurrency space, referring to the ongoing drama surrounding another cryptocurrency exchange, FTX.
Meanwhile, the service restrictions were not only limited to KuCoin users….
