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What does the withdrawal address of Cloud Coin mean (Can Cloud Coin website still withdraw coins in 2021)?

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What does the withdrawal address of Cloud Coin mean? According to official sour

What does the withdrawal address of Cloud Coin mean (Can Cloud Coin website still withdraw coins in 2021)?

What does the withdrawal address of Cloud Coin mean? According to official sources, what does the withdrawal address of Cloud Coin mean?

1. Bitcoin and Ethereum have different withdrawal address names.2. Bitcoin is referred to as “Litecoin” or Bitcoin Cash, which is a type of digital currency.

In the Bitcoin network, “Litecoin” is a cryptographic asset that can be directly extracted from the wallet. On the Ethereum blockchain, it is a virtual currency that can be deposited and transferred using fiat currency. These two virtual currencies are generated through transactions on exchanges.

Can Cloud Coin website still withdraw coins in 2021?

On May 10, 2021, Cloud Coin website announced in a notice that it will suspend coin withdrawals. Currently, the platform can still carry out normal trading and deposit/withdrawal operations. According to officials, in early November 2020, due to the impact of Bitcoin price plummeting, Cloud Coin website encountered problems in user feedback, resulting in the freezing of some users’ assets or the inability to recharge or withdraw funds. This incident caused losses, but did not attract much attention.

According to previous reports, in mid-March, Cloud Coin website suffered losses of about 3000 BTC and 1500 ETH due to a hacker attack. Shortly after the departure of the founder of Cloud Coin website, Li Lin, at the end of 2019, he began to return to service. At the end of 2020, the team gradually faded out of operation and no longer provided related products and services. With the approach of the launch of Cloud Coin website in early this year, it gradually opened up to new and old customers since the second half of 2019 and continued to bring more opportunities to global investors. (Wu Shuo Blockchain)

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