Approximatelyonehourfromnow,atapproximately8:45AMUTC,BitfinexwillbeofflineforuptosevenhoursaswecommenceaplatformupgradedesignedtoenhancethestabilityandscalabilityoftheiFinexmatchingengine.
BothBitfinexandEthfinexwillbedownforupto7hourstocompletetheupgrade.Accountholderswillnotbeabletoaccesstheirwallets,andallfeaturesacrossbothplatformswillbeofflineforthedurationoftheupgrade.
Whatthismeansforyou:
Allfundswillremainsafeandunaffectedthroughouttheentiretyofthemigrationandwillnotbeatriskatanypointthroughouttheupdate.Noorderswillbeexecutedduringdowntime.Allopenorderswillbekept(regardlessofpricemovements)andresumeoncetheplatformisbackonline.Userswillnotbeliquidatedduringdowntime.However,tradersshouldbeawarethatifthepricemovessignificantlyduringthistime,theyareatriskofliquidationassoonastheplatformisreopenedandshouldthereforetakenecessaryprecautions.Wewillbeprovidingfurtherannouncementsintherunuptotheupgrade,sopleasekeepfollowing:
BitfinexTwitterBitfinexTelegramBitfinexStatusPageWelookforwardtoprovidingallouruserswithanincreasinglyhigh-qualitytradingexperience.
Best,
TheBitfinexteam
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