Update: BitMEX Exchange Goes Back Online but There Are Temporary Changes

News
Tue, 05/19/2020 - 12:49
Yuri Molchan

Multiple reports on Twitter are saying that the BitMEX exchange is down due to problems with the trading engine, however, now it is about to go back online

Cover image via stock.adobe.com

Traders of all shapes and sizes have been tweeting that they have suddenly been facing issues trading on BitMEX.

Some are just tweeting their concerns. Some are going further, like crypto influencer Bitlord, alleging the exchange is making an exit scam.

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About an hour ago, BitMEX faced issues with its trading engine and was looking into the issue.

Image via Twitter

All operations were suspended. Trader Scott Melter tweeted about this as well:

“Hard to trade Bitcoin with any confidence while Bitmex is down. The casino is temporarily closed.”

After finally tweeting an official confirmation of having issues with the trading engine, BitMEX announced that they are launching the platform back online. However, there will be some temporary changes and traders will be unable to place new orders for a while.

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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, can be contacted at yuri.molchan@u.today.

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