According to reports from CoinDesk, Poland’s second-largest exchange, Bitmarket, announced on July 8, 2019, that it ceased operations due to a lack of liquidity.
Visiting the bitmarket.pl site, a short message in both Polish and English states:
We regret to inform you that due to the loss of liquidity, since 08/07/2019, Bitmarket.pl/net was forced to cease its operations. We will inform you about further steps.”
According to CoinMarketCap, the last volume registered on the exchange was around $850,000 during the day in the following pairs BTC/PLN, LTC/PLN, ETH/PLN, BTC/EUR, XRP/PLN, and BTG/PLN.
Although it was one of the longest-running Polish exchanges, over the last few weeks there had been several alarm bells highlighted by the Reddit user…