Vancouver, CA, Aug. 04, 2022 (GLOBE NEWSWIRE) — ByteX, a Canadian headquartered CeDeFi platform, acquires 1 million crypto users from the insolvent GokuMarket, a European centralized exchange.
Following the crypto market crash, GokuMarket found itself with the stark realities of insolvency and ultimate bankruptcy. ByteX extended a helping hand by providing an alternative solution that would ultimately safeguard and protect the users’ interests.
The recent market conditions which saw the fall of several giants, also resulted in considerable turbulence for GokuMarket. The decision to acquire the platform’s custodial users is with the intention to safeguard and protect the GokuMarket assets, as well as its customers.
ByteX is a licensed & regulated CeDeFi platform operating in Canada, the European Economic Area and India. Being a KYC verified platform with compliant DeFi…