Attention for Bitfinex users and other traders: exchange shutdown on Jan 7 for upgrade!

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Adriaan Admin

Administrator
Staff member
Jan 30, 2018
231
42
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www.bitcoinforbeginners.io
#1
Please read the full announcement from Bitfinex: https://medium.com/bitfinex/bitfine...are-metal-servers-on-january-7th-e4c16c7fa83c.

The exchange will shutdown for approximately (or at least) 7 hours on Monday Jan 7. Trading and wallet access will not be possible. Traders with open orders and/or open positions should carefully evaluate the potential risk of having these orders or positions open during that time and should definitely read and understand the consequences of having those open and not be able to amend them during the upgrade.

Also, considering that Bitfinex takes a significant chunk of the crypto spot trading volume globally (irrespective from any or no "fake volume"), don't be surprised if sudden, unexpected moves occur in the market during that time (not saying that there will be, just be prepared to expect the "unexpected").