Announcements

Announcements > Reminder: Downtime Scheduled For 8.45 AM UTC June 26, 2019

Approximately one hour from now, at approximately 8:45 AM UTC, Bitfinex will be offline for up to seven hours as we commence a platform upgrade designed to enhance the stability and scalability of the iFinex matching engine.

Both Bitfinex and Ethfinex will be down for up to 7 hours to complete the upgrade. Account holders will not be able to access their wallets, and all features across both platforms will be offline for the duration of the upgrade.

What this means for you:

  • All funds will remain safe and unaffected throughout the entirety of the migration and will not be at risk at any point throughout the update. No orders will be executed during downtime. All open orders will be kept (regardless of price movements) and resume once the platform is back online.
  • Users will not be liquidated during downtime. However, traders should be aware that if the price moves significantly during this time, they are at risk of liquidation as soon as the platform is reopened and should therefore take necessary precautions.

We will be providing further announcements in the run up to the upgrade, so please keep following:

We look forward to providing all our users with an increasingly high-quality trading experience.

Best,

The Bitfinex team

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