tp wallet exchange is gone

Yes. TP Wallet Exchange (TPE) announced its closure on March 14, 2023, citing worsening market conditions and a downturn in the cryptocurrency industry. Users have until April 11 to withdraw their funds and assets, and the closure will not affect TP Wallet’s other features, such as wallets and DeFi services.

Is the TP wallet exchange closed?

Yes.

Closing details

• On March 14, 2023, TP Wallet announced the closure of its centralized exchange TP Exchange (TPE).
• TPE will be fully closed on April 11, 2023.
• Users have until April 11th to withdraw their funds and assets.

Reason for closure

• Deteriorating market conditions and downturn in the cryptocurrency industry.
• TPE was unable to achieve expected trading volumes.
• The company’s strategy changes to focus on decentralized finance (DeFi) products.

User Impact

• Users have until April 11 to withdraw their funds and assets from TPE.
• The extraction process is free and users can use the TPE website or app.
• Other functions of TP Wallet (such as wallet and DeFi services) are not affected by this closure.

Future Outlook

• TP Wallet will continue to focus on its decentralized wallet and DeFi products.
• The company plans to launch new DeFi products and services with the support of Zukunft Group.

Additional information

• The closure of TPE only affects the centralized exchange part.
• TP wallet app and wallet service are still running normally.
• Users can withdraw their assets on the TP Wallet website (https://www.tpwallet.com/) or on the app.

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