We’re pleased to inform you that we’ve made progress towards increasing your withdrawal limits.
Starting tomorrow, 1 July 2022 - if you have completed the “Verified” or “Verified Plus” level of identity verification, you will be able to withdraw up to US$3,000/day, for a maximum of US$30,000/month. And, by 5 July 2022 - if you have completed the “Verified Plus” level of identity verification, you will be able to withdraw up to US$50,000/day, for a maximum of US$500,000/month.
Another step we are taking towards resuming usual operations is to restore yield generation on the following assets from 1 July 2022 (except for assets that are marked as Reserved Funds in the users’ accounts):
We look to gradually increase the existing yields, provided that they are sustainable with market and platform conditions. We will also be resuming our referral program in full and honoring all payouts that are owed. Finally, on 1 July 2022 - Finblox will be implementing dynamic yield rates (flexible at our discretion) subject to a 2-day notice provided to all users before each change. The team is committed to making improvements to the product which would bring a higher level of transparency to some aspects of the system, which will be announced separately.
As a relatively young platform in the space, we were deeply impacted by negative market events at an early stage. We will do everything in our power to make things right, and better improve the user experience going forward. We truly appreciate our users’ support during this crisis.
All the best,
The Finblox Team