The previous plan for the return of funds by the BTC-e exchange, which we recently wrote about, caused a lot of criticism and even outrage in the cryptocurrency community. The scheme for returning user money using special tokens turned out to be complex and not transparent. Therefore, the management of the BTC-e cryptocurrency exchange has published a new plan, which is more logical and understandable.

According to the new plan, 55% of funds in each currency will be returned immediately, and 45% will be converted into tokens, with separate tokens created for each fiat currency and digital currency. Tokens can be traded on a separate page of the exchange, at a price not exceeding their nominal value. The essence of the obligation is that the exchange undertakes to buy back all tokens over time. Clients can either get rid of their tokens at the market price, or wait for their redemption and return their funds in full. The deadline for restoring the functionality of the exchange by the administrators is the same as the end of August.

Source: forklog.com