Bitfinex Goes Offline and Turns Off Trading

Bitfinex Goes Offline and Turns Off Trading

According to the Twitter account and the status page, the Bitfinex cryptocurrency exchange went offline after traders couldn’t 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 about inconvenience on the platform have appeared at 07:30 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’ve had previously opened. According to various reports from individual traders, funds withdrawing also hasn’t been functioning properly. There was also no significant activity on the exchange-owned addresses.

Source