Cryptocurrency Q&A
What does frozen mean in crypto?
What does frozen mean in crypto?
Valentina
Sat Dec 07 2024
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6 answers
1520
I've heard the term 'frozen' in the context of cryptocurrencies, and I'm wondering what it actually means. Is it related to locking up coins or tokens in some way? How does it work and what are its implications in the crypto world?
6 answers
Caterina
Mon Dec 09 2024
The funds, however, are not lost during this period.
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SeoulStyle
Mon Dec 09 2024
Access Restrictions are imposed on certain accounts for various reasons.
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Sara
Mon Dec 09 2024
When an account is frozen, the funds within it become inaccessible.
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Andrea
Mon Dec 09 2024
This means that the holder cannot perform any transactions, such as transfers or withdrawals.
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EthereumEmpire
Sun Dec 08 2024
They continue to remain in the account, safeguarded and secure.
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