With the high price of cryptocurrencies, demand has reached the point where cryptocurrency swaps are completely submerged. This massive influx of users has led to serious infrastructure problems resulting in the temporary closure of their registration portals.

During the last half of 2017, digital currency trading recorded a record number of user registrations. Binance reports the addition of 250,000 users per day, while Coinbase has reported several days of more than 100,000 users and Kraken boasts of 50,000 new users per day.

Halt

The Incredible Swell of Cryptocurrency Users The Exchange reacted by disabling some of its advanced command types, reducing price accuracy and initiating a redesign major of the system.

Bittrex is one of the first trading platforms to put an end to the integration of new users. In December 2017, an alert from this US stock market reads:

"We have received a huge number of new account records in recent weeks."

In addition to Bittrex, two other platforms had to make a similar decision – Bitfinex and Binance. New listings at Bitfinex will be welcomed by a window stating that the creation of a new account has been discontinued

Part of the message reads:

" Thank you for your interest in opening a Bitfinex Account. However, due to extraordinary demand, the creation of new accounts has been temporarily suspended. Bitfinex focuses on professional traders service The reason we decided to temporarily stop accepting new accounts is that we can not undermine the quality of our services for our existing traders by flooding the system with new ones. accounts. "

Binance must also stop the records during an update of the infrastructure. While Bittrex and Binance have not given any timetable for the reopening of the new account records, Bitfinex intends to authorize registrations as of January 15, 2018.