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Why NEXO blocked all UST exchanges when there is

no withdraw possibility to let user do it the other way?

12 ответов

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Skinny-Puppy Автор вопроса

@admin?

The following pairs should be available for swap (contact our customer support if those are not working as well): USDT/UST UST/USDT LUNA/USDT USDT/LUNA

Skinny-Puppy Автор вопроса
Peter | Nexo | No support via DM
The following pairs should be available for swap (...

It is not! You cannot do anything with UST for last two days!

Skinny-Puppy Автор вопроса

So although you want to accept loss in UST, you can do nothing. In current situation there must be either exchange, or withdraw possibility. You cannot block it completely and freeze user's assets without any reason.

Then whole crypto market will be go to hell

Skinny-Puppy Автор вопроса
ZzZ
Then whole crypto market will be go to hell

I am talking about stablecoin. Do you understand the issue with UST right now?

Skinny-Puppy Автор вопроса

And? You think you are rich, or? I am pointing out that if stable coin is in loss like this and Terra is over, UST is dead coin and there is no change to wake up as other non-stable coins.

Skinny Puppy
And? You think you are rich, or? I am pointing out...

Then what do you think about holding USDT? You see today USDT loss it peg?

Skinny-Puppy Автор вопроса
ZzZ
Then what do you think about holding USDT? You see...

I do not know what you expect from me to tell. I just ask NEXO why they freeze UST of users although they are telling they not. This is what I want to know here, not any discussion about when to sell what.

Skinny-Puppy Автор вопроса
ZzZ
Maybe NEXO Don't have enough liquidity,

It is 3rd party process. Not themselves. Each convert goes over several exchanges.

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