Cryptocurrency exchange DragonEx has just offered its users the possibility of using "DragonEx Withdraw Quota" (DWQ) tokens, each of which will allow them to withdraw 1 USDT worth of assets from the platform, the exchange has announced.
In order to receive DWQs, users will need to trade on the exchange, borrow funds or deposit funds. When a user requests a withdrawal, the equivalent amount of DWQ will be deducted from their account. In addition, the DWQ/USDT trading pair will be opened on November 15.
DragonEx is still seeking external funding to address its issues, however, it is not clear if the proposal will be successful.
DragonEx has previously announced it has been forced to freeze deposits and withdrawals of all assets due to a "crisis of confidence" caused by the suspension of OKEx withdrawals. The DragonEx management team has admitted that if the situation does not improve, the exchange will eventually shut down.
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