Juno recently tweeted that its custody partner has been having issues.
Users were also advised to take precautions by moving their assets off the exchange.
In light of the “uncertainty” between Juno and its partner, the cryptocurrency business urged its customers to move their funds to self-custody wallets or liquidate them for fiat money. To address the problems, the corporation will bring in a new partner.
Juno recently tweeted that its custody partner has been having issues. For the time being, the company is not accepting cryptocurrency purchases on its platform and is instead automatically converting USDC, USDT, and mUSDC to USD.
Withdrawal Limit Boosted
Users were also advised to take precautions by moving their assets off the exchange and into cold storage wallets managed by themselves. If customers do not wish to use cold storage wallets, the company said that they might liquidate their holdings for fiat currency.
In preparation for a possible influx of transactions, Juno h
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