Crypto exchange OKX notified clients in India that they have until the end of April to wind up their positions because it is ending its service in the world’s most populous country as a result of local regulations.
The notice – seen by CoinDesk – told the customers they need to close all margin positions, as well as positions in perpetuals, futures and options and withdraw all funds by April 30.
“After this date we’ll restrict your account” to withdrawals only, the emailed notice said.
According to the email message, “After this date we’ll restrict your account” to withdrawals exclusively.
The notice – seen by CoinDesk – told the customers they need to close all margin positions, as well as positions in perpetuals, futures and options and withdraw all funds by April 30.
“After this date we’ll restrict your account” to withdrawals only, the emailed notice said.