Home
/
Industry news
/
Market sentiment
/

Bitget suspends withdrawals: what you need to know

Bitget Withdrawals Halted | User Concerns Grow Over Kaspa

By

Aisha Mohammed

May 21, 2025, 06:33 AM

Edited By

Lila Thompson

Updated

May 21, 2025, 08:38 AM

Quick read

A graphic showing a warning sign and cryptocurrency symbols, highlighting the suspension of withdrawals on Bitget.
popular

A rising tide of frustration among people has emerged as Bitget suspends withdrawals, particularly impacting the cryptocurrency Kaspa. Users report being unable to access their funds since yesterday, sparking questions about the exchange's reliability and future operations.

As the situation develops, one forum participant raised concerns, stating, "I’ve never had an issue with Bitget until yesterday." This sentiment seems common as people highlight the unusual nature of the suspension, leading to worries about ongoing reliability on the exchange.

User Reactions: Trust Issues Run Deep

Feedback from the community shows mixed reactions to the withdrawal halt:

  • Trust Erosion: Comments are emerging questioning why withdrawals for Kaspa keep getting suspended. One user expressed the sentiment, "Why always Kaspa suspended?"

  • Demand for Transparency: Many are urgently requesting official statements regarding the suspension. They feel a lack of communication is unacceptable during these critical times.

  • Alternative Platforms Suggested: Some users have started discussing other exchanges, with suggestions like using Kraken or Pionex, which they say have no issues.

Voice of the Community

"This isn’t the first time Kaspa has been unavailable on major platforms," cautioned one investor, echoing the collective concern. Another participant with a Bitget account remarked, "The suspension is concerning, but I've had no issues so far. Is it hard to transfer to Kraken?"

"It’s concerning to see recurrent problems with my funds," shared a frustrated user.

While immediate communication from Bitget is still pending, the clarity and transparency demanded by the people seem more critical than ever. Will Bitget manage to address user concerns effectively, or are they risking further disappointment?

Key Insights to Consider

  • πŸ”’ Withdrawals for Kaspa halted since yesterday, causing rising user anxiety.

  • πŸ“‰ Trust in Bitget decreases, reflecting a repetitive history of similar issues.

  • πŸ’¬ Users favor exchanges like Kraken and Pionex as alternatives amid transparency demands.

As the potential fallout continues, the crypto community keeps a close eye on Bitget's next moves. With users' patience wearing thin, the exchange must respond swiftly to restore confidence and credibility within this competitive market.