Cryptocurrency Q&A What happens when a token is frozen?

What happens when a token is frozen?

SeoulSoul SeoulSoul Thu Dec 12 2024 | 5 answers 948
I want to know what occurs when a token gets frozen. Will it be unusable? Will there be any notifications? Can it be unfrozen? What are the steps to unfreeze it? What happens when a token is frozen?

5 answers

CryptoChieftain CryptoChieftain Sat Dec 14 2024
If your token account is frozen, you will encounter certain restrictions.

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Eleonora Eleonora Fri Dec 13 2024
BTCC, as a top cryptocurrency exchange, offers a range of services.

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Raffaele Raffaele Fri Dec 13 2024
Specifically, you will be unable to transfer the tokens within the account.

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Martino Martino Fri Dec 13 2024
This limitation extends to selling the tokens as well.

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Martino Martino Fri Dec 13 2024
Essentially, the frozen status immobilizes your tokens.

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