RATE Group | Will Bitcoin’s (BTC) Price Increase During the Bitfinex Scheduled Maintenance?
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Will Bitcoin’s (BTC) Price Increase During the Bitfinex Scheduled Maintenance?

04 Oct Will Bitcoin’s (BTC) Price Increase During the Bitfinex Scheduled Maintenance?

Posted at 12:09h in Bitcoin News by

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In a tweet not more than 30 minutes old, popular cryptocurrency exchange of Bitfinex has announced the exact time of the infrastructure maintenance on its two trading platforms of Bitfinex and Ethfinex. The tweet has given the time as follows:

Planned infrastructure maintenance will commence 30 minutes from now, at 8.30 UTC, and is expected to last 2 hours. Please monitor Twitter and bitfinex.statuspage.io for precise updates.

The exchange had decided not to announce the exact time in yesterday’s notice, for it feared giving a too advanced of a notice would create instances of market manipulation as well as DDOS attacks on their sites.

Bitfinex also advised users that once the upgrade begins, they will be unable to control, edit or cancel their active orders throughout the period. Users who wish not be affected by the maintenance, were then advised to cancel all orders and close positions before the update begins.

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