The major and controversial Bitfinex exchange announces a scheduled downtime during which it will perform an upgrade and improve crucial characteristics of the iFinex matching engine.
At 9.30 UTC, the platform plans to go offline for two or three hours.
All iFinex exchanges to go offline
For the implementation of the upgrade, all iFinex platforms will shut down briefly – Bitfinex, Ethfinex, etc. Traders will not be able to check their balances or conduct any operations over that time.
The company reminds that traders should make plans regarding their operations with crypto on those platforms. iFinex also assures that all user funds will be safe and traders will not lose anything from their hot wallets during the upgrade. All orders that were opened before the shutdown will resume once the exchanges go back online.
However, if the price of assets in the opened trades undergoes any significant changes, the positions may be liquidated when the platforms resume operations.
Bitfinex lists EOS-based USDT
Recently, in its blog post, Bitfinex announced that it now supports withdrawals and deposits of EOS-based Tether. The service is to be provided only to those clients who have passed a verification process on the platform.