Bitfinex Undergoes Maintenance to Improve Platform Performance

Bitfinex, one of the largest cryptocurrency platforms in the world, is updating the platform for its maintenance. The platform stopped trading for a while due to deteriorated performance but is scheduled to fully function very soon. Maintenance was done to identify problems and eliminate them to improve the platform’s performance and usability.

Our maintenance is nearing a successful completion and the Bitfinex platform will be returning in view-only mode with the option to cancel orders at 12:45 PM UTC, before trading opens at 12:50 PM UTC. Thank you for your patience.

— Bitfinex (@bitfinex) April 28, 2024

Bitfinex Implements View-Only Mode After Maintenance

After Bitfinex maintenance is completed, it will be restarted in view-only mode. That means that you will not be able to open new positions but only to log into your account and check your data. Users will also have an opportunity to cancel orders before the trading process starts.

The process of maintenance implies that Bitfinex is dedicated to safeguarding the effectiveness and credibility of its platform. The management tactfully ensured that all performance-determining obstacles were cautiously identified and appropriately addressed for a precisely uninterrupted trading platform.

Bitfinex Updates Users on Service Restoration Progress

Bitfinex has largely informed its users of the developments regarding the normal service revert journey and the timelines expected to allow trading extensions. The platform, through its management, then extended its appreciations to its users for the immense cooperation and corporation throughout the temporary period of suspension.

See also  Robinhood adds trading support for SHIB, AVAX, and COMP for New York users

Being a distinguished digital asset trading platform, Bitfinex is committed to providing the most secure and dependable service. Therefore, the pause was essential in examining and consequently adjusting any performance challenges that undermined this satisfaction.

Ultimately, the maintenance process of Bitfinex is in its final stages and nearing a successful completion result. The users can expect a prompt return to their usual trading activities in a secure and safe trading environment. The status page of Bitfinex now says that the maintenance has been completed.

Source link