Romania’s BTCXChange Discontinues Bitcoin Exchange Service

Ever since relaunching the platform since August of 2015, things have been rocky, to say the least. For now, it remains unclear if there was a lack of volume, or a lack of investment to keep operations going.
Running Bitcoin exchanges requires a lot of time, effort, and money. But despite a lot of hard work, regulatory issues can always force a shutdown. Romania’s BTCXChange has shut down its services for good. Users had until yesterday to withdraw all of their funds. It is the second time BTCXChange is shut down, albeit it remains to be seen if they will return.
The announcement about BTCXchange shutting down was posted on the website in August of 2016. Users were advised to move all of their funds off the platform by September 12. Horeo Oradea Vucan, the owner of BTCXchange, has taken the decision to shut down the platform the second time.

This post was published at NewsBTC