Dutch cryptocurrency exchange Bitvavo is down after maintenance

Dutch cryptocurrency exchange Bitvavo is down after maintenance

And Dutch Crypto exchange Bitvavo is having issues with its trading platform. Users can no longer trade and quotes are no longer displayed. A possible reason for this could be the maintenance that was performed last night. Although this worked fine, it may have caused the site to go offline.

Cryptocurrency exchange Bitvavo is partially disappearing

Cryptocurrency trading platform users Betfavo Report problems. Betfavo board Also report this on X (formerly Twitter). The site is still available, but trading is no longer possible. Quotes are also no longer available and are not displayed. Client funds are not otherwise affected and are not at risk. It does not appear to be a hack and/or attack.

The possible cause of technical problems could be last night’s maintenance. Maintenance was carried out from 02:00 to 06:00 Dutch time. It went well, and at 6:03 The site has been reported to be back online. However, it is possible that maintenance has now resulted in some loss of functionality.

This is often caused by code being modified or added causing conflicts in the system. This does not cause any problems at first, but as activity increases, error messages increase. Then part of the system may malfunction. It could also be due to servers that were restarted during maintenance and are now failing due to traffic.

Bitvavo sees huge increase in activity, breaking record

Recently, Bitvavo has seen a significant increase in activity. Last Wednesday, the platform witnessed a trading volume of Billion dollars in 24 hours. This is a record for the platform, which has never seen this before. This means that the cryptocurrency exchange is on its way to becoming the largest in Europe.

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It is also plausible that increased activity is related to absence. Systems often need to be upgraded, but this does not always go well. However, the council says it is working to resolve the issue. They hope to be back online as soon as possible.

to update: Bitvavo on X announces that trading will resume at 9:45 p.m.

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