American Cryptocurrency Exchanges Recorded Failures During Market Drop

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Yesterday, the rate of bitcoin and the largest altcoins fell significantly. Against this background, the activity of traders has increased, and the largest American cryptocurrency exchanges reported failures in the work of the platforms.

Cryptocurrency exchange Coinbase has posted a “slowdown” warning on its website. Representatives of the exchange later reported on Twitter about “an unexpected increase in network traffic and market activity.”

“We are aware of delays and cancellations of some transactions, as well as bugs in our applications. The sudden increase in activity has led to a deterioration in the performance of our services, “- says in message Coinbase.

The Kraken exchange on the page with the status of its services reported problems with the connection in mobile applications and when entering through the site. In addition, email delivery services were down.

The Gemini exchange also had problems, and, unlike the aforementioned sites, the exchange completely suspended its work and switched to maintenance mode. According to a posting on the company’s website, this was done to “address platform performance issues.”

Of course, the problems and inoperability of cryptocurrency exchanges were corrected after the activity in the market fell and the rate of the first cryptocurrency fixed at $ 46,000, although at the moment it was dropping to $ 43,000.


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