Crypto Exchange Bitfinex Halts Trading Due to Platform Outage

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Bitfinex, one of the largest decentralized crypto exchanges, said it has temporarily halted trading.

  • The exchange said on its website status page that it was “investigating issues with the platform” at 07:43 UTC.
  • No further information is available relating to the cause of the outage or how long it is expected to last. Bitfinex advised users to follow its Twitter feed and website status page for updates.
  • Bitfinex is the world’s ninth-largest crypto exchange, with a 24-hour trading volume of $712 million according to data by CoinMarketCap.
  • The exchange last halted trading in July, when it cited issues with “platform reduced performances.” That outage lasted about 1 hour, 45 minutes.

Read more: Bitfinex Now Owns a Stake in No-KYC Bitcoin Exchange Hodl Hodl

UPDATE (SEPT. 30, 8:59 UTC): Adds trading volume, previous halt.

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