On the 10th birth anniversary of Bitcoin, the first proof of keys was held. It was organized by crypto investor and podcast host Trace Mayer, the focus was to urge traders to withdraw their holdings from crypto exchanges in an effort to promote the decentralization as well as monetary independence on which Satoshi Nakamoto vision for Bitcoin basically originated. You can ring on Hitbtc customer support phone number which is always active and users can contact the team as per their requirements. The team knows your value and worth, therefore, make sure to respond immediately to the users irrespective of time.
It was claimed on social media platforms that this event was originally occurred to deliver a message, that several exchanges mainly Hitbtc freezing accounts of their users. One of the leading cryptocurrencies, Hitbtc, has been under fire as its users’ complaint that their withdrawals have been disabled without any explanation. Above that, the exchange hasn’t answered about this issue and new accusations have sprung out in the picture. The recent accusations revolved around the annual proof of Keys event which happened recently where participants were able to withdraw funds from exchanges in order to prove ownership to them. Though numerous charges have been raised the main query arises that who owns the trading of coins through big exchanges.
There is a doubt that Hitbtc has blocked accounts and withdrawals because of the introduction of proof of keys on Reddit and Twitter. On the platform of Hitbtc subreddit, many posts have been written by users about the issue related to withdrawing of their crypto. However, Hitbtc has made a clear statement that there is no connection between Proof of keys day and any account suspensions. Peter Swan, Hitbtc’s spokesperson said that withdrawal issues occurred due to internal security measures associated with KYC (Know your customer ) and AML (Anti-Money Laundering) procedures.
Hitbtc’s issues should come into the picture and some spotlight should also be reflected on Proof of Keys day. Trace Mayer, the organizer is an investor in Armory which is an open-source Cryptocurrency wallet. In the year 2013, seed funding had been raised up to $600,000 which was led by Mayer, as per the reports disclosed by Armory technologies at that time. Other allegations were also raised that the major exchanges have manipulated crypto markets, however, such issues are still unconfirmed. With the gradual increase in atomic swaps and decentralized exchanges, this independence is going to be popular in future but talking about the present scenario, it is assumed that centralized exchanges going to rule as events like Proof of Keys influencing us to ditch them. For the latest information related to Hitbtc, get in touch with the team of skilled professionals who are always there to assist you. Dial Hitbtc phone number which is a medicine for your problems associated with Hitbtc. The team is here so, do share your troubles with them.