Bitfinex to Take Break for Maintenance on October 4, Warns Traders to Close Orders

  • Bitfinex, intends to suspend operations and conduct maintenance work. The exchange team suggests that traders keep the coming event in mind regarding their open orders

Cover image via U.Today

On Wednesday, one of the largest global exchanges, Bitfinex, intends to suspend operations and conduct maintenance work. This was announced in its official Twitter handle. The exchange team suggests that traders keep the coming event in mind regarding their open orders.

Maintenance is a frequent and habitual thing for crypto exchanges, but sometimes it can be used with bad intentions. Not long ago, when BitMEX was performing maintenance and shutting down operations, the crypto community suspected a market manipulation, as U.Today has reported recently.

Back then, all short operations were dismissed and the sellers’ dominance on the market was lifted.

The maintenance on Bitfinex is to start on Oct. 4 between 06.00 UTC and 18.00 UTC. An exact announcement will be posted half an hour before the event starts.

About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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