BitfinexwillbeperformingasystemupgradeonTuesday,February11thdesignedtoenhancethestabilityandscalabilityoftheiFinexinfrastructure.
Theupgradeissettocommenceat10:00AMUTCandserviceswillbeofflinefromfourtosevenhours.
Pleasenotethatthisisaroughestimateandtheprecisestartingtimemaychangeslightlybasedonmarketmovements.
TheplatformupgradewillrequiretakingalliFinextradingplatformsofflineforthedurationofthemaintenanceperiod.ThismeansthatBitfinextraderswillbeunabletotrade,vieworobtainaccesstotheirwalletsduringtheupdate.
Wekindlyaskallourtraderstoplanaheadaccordinglyandmakethenecessaryaccountadjustmentspriortothestartoftheplatformupgrade.
Whatthismeansfortraders
TradersonBitfinexwillnotberequiredtotakeanyaction:????
????????Allfundswillremainsafeandunaffectedthroughouttheplatformupgrade,andwillnotbeatriskatanypoint.????????Noorderswillbeexecutedduringdowntime.Allopenorderswillbekept(regardlessofpricemovements)andresumeoncetheplatformisbackonline.????????Userswillnotbeliquidatedduringdowntime.However,tradersshouldbeawarethatifthepricemovessignificantlyduringthistime,theyareatriskofliquidationasandwhentheplatformisreopened.Inlinewiththis,wekindlyaskalltraderstoreviewtheirmarginrequirementsandassesstheriskofmarketmovementontheiropenmarginpositionsbeforeenteringthemaintenancewindow.????Formoreinformationonthedayoftheupgrade,pleaserefertotheBitfinexstatuspageandTwitteraccountforofficialprogress.Wewillletourusersknowfiveminutesbeforetheplatformreopens.Tradingwillstarttenminutesaftertheplatformisaccessibleagain.
Weappreciateyourpatienceduringthesystemupgradeandlookforwardtopresentingyouwithanimprovedtradingexperience.
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