Crypto Currency Exchange Bitfinex To Remain Closed For 7 Hours

Crypto Currency Exchange Bitfinex To Remain Closed For 7 Hours

Crypto Currency Exchange Bitfinex To Remain Closed For 7 Hours

 

Bitfinex, one of the leading crypto currency exchanges, will remain closed for 7 hours next week due to a major update.

 

The Crypto Exchange, Bitfinex, announced today that both Bitfinex and Ethfinex will be closed for up to 7 hours due to a comprehensive update on June 26th.

 

The update will increase the stability and scalability of the platform’s matching engine. In addition, according to the announcement, the update will lay the foundations of derivative transactions on the stock exchange, among other things.

Crypto Currency Exchange Bitfinex To Remain Closed For 7 Hours

Crypto Currency Exchange Bitfinex To Remain Closed For 7 Hours

According to the latest data from CoinMarketCap, Bitfinex is one of the largest crypto currency exchanges in the world with a trading volume of $ 177 million.

Meanwhile, LEO, a crypto currency owned by Bitfinex, has gained significant value since its launch in May. The LEO, which was bought and sold for $ 1 on the first trading day, is now at $ 1.9 today after nearly a month. In addition, LEO is 13th in the CoinMarketCap rankings with market capitalization of $ 1.9 billion.

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