Scheduled Maintenance: Platform Downtime May 5, 2024

Scheduled Maintenance: Platform Downtime May 5, 2024

The Bitfinex trading platform will be offline for a limited time until May 5, 2024 while we conduct scheduled maintenance upgrades designed to enhance the stability and scalability of the Bitfinex infrastructure.

The maintenance upgrade will begin at approximately 9:30 AM UTC and last for 2-3 hours. During the maintenance period, all trading on Bitfinex will be suspended. Traders will no longer be able to log into their account, view or access their wallet or funds, or execute trades.

Exact maintenance start times are approximate and subject to change.

We encourage all customers to keep in mind the proposed maintenance period and take necessary steps regarding account adjustments before initiating platform upgrades.

During maintenance period:

  • All funds are safe and unaffected during platform upgrades and are not at risk at any point.
  • Orders will not be executed during this downtime period. All open orders will remain open (regardless of price movements) and become active once the platform is back online.
  • Customers will not be liquidated during downtime. However, traders should be aware that if prices fluctuate significantly during this time, they risk being liquidated when the platform reopens.
  • Accordingly, we ask all traders to review their margin requirements and assess the market volatility risk of open margin positions before the maintenance period begins.

For more information, see Bitfinex status page, Twitter account Check out the Bitfinex blog for official progress updates. Information about the upgrade will be available from these three sources on May 5th.

We will notify you 5 minutes before the platform reopens. Trading will begin 5 minutes after you can access the platform again.

We appreciate your patience during the system upgrade and look forward to providing you with an improved trading experience.

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