Poloniex exchange will return customers $ 20.4 million in Bitcoin

The trading platform published a plan to pay compensation to users who suffered losses due to the lack of funds from borrowers to cover liquidations

The Poloniex cryptocurrency exchange has promised to pay 1800 BTC to customers ($ 20.4 million at the current average exchange rate). Compensation will be received by users who incurred losses due to the lack of funds from borrowers to cover liquidations.

The company will start crediting commissions to the accounts of creditors that were paid by them during the trading process until the losses were fully recovered. At the first enrollment, all commissions that have been paid since June sixth will be taken into account.

Over the past day, the trading volume at Poloniex was 785 BTC. This means that even with the highest bid for the least active traders, the maximum amount of commissions collected could be only 1.96 BTC.

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