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Bitfinex Halts Trading Amid 'Reduced Performances'

The Hong Kong-based exchange said it is temporarily halting trading while investigating issues on the platform.

By Jamie Crawley
Updated Sep 14, 2021, 1:19 p.m. Published Jul 1, 2021, 11:05 a.m.
Bitfinex

Cryptocurrency exchange Bitfinex said it halted trading on Thursday, citing issues with "platform reduced performances."

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  • The Hong Kong-based exchange tweeted at 10:17 UTC Thursday (6:17 a.m. ET) that it was temporarily halting trading while it investigated issues on its platform.
  • In a subsequent tweet, Bitfinex said it had identified the cause and was working to restore trading. All funds are safe, it said.
  • Bitfinex suffered a similar problem last August, when reduced performance of the platform was also cited as the reason.

Read more: Robinhood Suffers Crypto Trading ‘Issues’ as Ether, Dogecoin Soar

UPDATE (JULY 1 11:44 UTC) Adds Bitfinex identifies cause, says funds are safe.

BitfinexCrypto ExchangeOutages

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