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Evolve Markets, a notable trading platform, has announced its closure after seven years of operation, leaving its users surprised yet assured about the safety of their funds.
The decision comes amidst evolving market dynamics, prompting the platform to transition into a new phase.
Critical Dates for the Exit of Evolve Markets
Starting March 13th, the platform will shift to Close Only mode, preventing users from initiating new trades. This change aims to streamline operations as the platform prepares for its shutdown.
On March 20th, however, all remaining open trades will be automatically closed at prevailing market prices.
In light of the closure, Evolve Markets urges its users to initiate withdrawals of their funds before April 1st.
This proactive step ensures a smooth transition for traders. However, the platform acknowledges that some users may face challenges in withdrawing their funds by the specified deadline.
In such cases, users are encouraged to contact Evolve Markets’ support team via email. Apart from that, the team will provide alternative methods for withdrawals beyond the deadline.
Emphasizing the security of users’ funds, Evolve Markets reassures its community that the platform is well-capitalized and possesses adequate funds to process all withdrawals.
Nevertheless, due to increased activity during this transition period, users may experience longer processing times, possibly exceeding 24 hours.
Finally, the platform expresses gratitude for users’ patience and understanding during this phase of change.
The Support Team to Remain Active Till the Very End
Despite the closure, Evolve Markets emphasizes that its support team remains available to address any queries or concerns from users. The team is committed to ensuring a seamless experience for its users throughout the transition process.
As Evolve Markets bids farewell, it leaves behind a legacy of providing stellar services and upholding notably high standards. While the closure may mark the end of an era, the platform’s dedication to safeguarding users’ interests remains unwavering.
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