Scheduled Maintenance: Platform Downtime March 6, 2023

The Bitfinex Trading Platform will be offline for several hours on March 6, 2023, while we undertake a scheduled maintenance upgrade designed to enhance the stability and scalability of Bitfinex infrastructure.

The maintenance upgrade will start at approximately 9:00 AM UTC, and will last between three to six hours. All trading on Bitfinex will be suspended during the maintenance period. Traders will be unable to log in to accounts, view or access wallets and funds, or execute trades.

The exact maintenance start time is approximate and subject to change.

All customers are advised to bear the proposed maintenance period in mind, and take any measures necessary in regard to account adjustments prior to the start of the platform upgrade.

During the maintenance period:

• All funds will remain safe and unaffected throughout the platform upgrade and will not be at risk at any point.
• No orders will be executed during this period of downtime. All open orders will remain open (regardless of price movements) and will become active once the platform is back online.
• Customers 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 and when the platform is reopened. 
• In line with this, we kindly ask all traders to review their margin requirements and assess the risk of market movement on their open margin positions before the maintenance period starts.

For more information, please refer to the Bitfinex Status page, Twitter account and Bitfinex Blog for official progress. We will provide any information concerning the upgrade from these three sources on March 6th.

We will inform our customers five minutes before the platform reopens. Trading will start five minutes after the platform is accessible again.

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

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