On the 13th of January 2015, trading on Bitstamp through the BTC.sx trading platform resumed. The re-opening of trading has commenced smoothly with users reporting quick and reliable order execution.
Those users that had active trades on Bitstamp with our trading platform have received a full refund. We remain dedicated to operating with fiduciary responsibility and continue to refuse to impose socialized losses. Furthermore, our traders’ funds remained safe in cold wallet storage during the breach of Bitstamp’s hot wallet.
Those choosing to trade with BTC.sx had full access to their accounts during the Bitstamp downtime. Besides being able to make deposits and withdrawals, our traders were also able to switch to trading on Bitfinex or itBit instantly. This allowed many traders to take advantage of a falling bitcoin price by entering short positions with up to 10x leverage.
