Bitzlato Users Can Withdraw Funds From Platform

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Users of crypto exchange platform Bitzlato, which had its infrastructure arrested by the French prosecutor’s office, have been granted access to partial fund withdrawals since March 20.

They are allowed to withdraw up to 50% of their balance in bitcoins with a minimum amount of 0.001 BTC and a commission of 0.0003 BTC.

Withdrawals are made through the Telegram bot @bz_phoenix_bot after users enter their email address used for the old Bitzlato service.

If an error is made in the address, the procedure can be repeated after 24 hours. Only accounts with a known email address and no Telegram ID can request a withdrawal, and funds must be transferred to the original requesting account. Once the withdrawal is completed, the user’s account will be marked as deleted.

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