According to its Twitter account and status page, the Bitfinex cryptocurrency exchange went offline after traders could not access their orders and funds on the exchange. Currently, the Bitfinex team is looking into the issue and promises to open trading at around 10:05 UTC.
The first reports of inconvenience on the platform appeared at 7:30 a.m. UTC, but at that time the platform was still online, with the trading process halted. Web servers, trading engines and backend workers are still under maintenance.
After the opening of the platform, traders will be able to close the open orders that they had previously opened. According to various reports from individual traders, funds withdrawing also has not been functioning properly. There was also no significant activity on exchange-owned addresses.
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.