Is Bitfinex down?
Problems detected
Users are reporting problems related to: transfer.
Bitfinex is a crypto-currency exchange trading and currency-storage platform based out of Taiwan, owned and operated by iFinex Inc. Since 2014, it has been the largest Bitcoin exchange platform, with over 10% of the exchange's trading.
Full Outage Map
TransactionsProblems in the last 24 hours
The graph below depicts the number of Bitfinex reports received over the last 24 hours by time of day. When the number of reports exceeds the baseline, represented by the red line, an outage is determined.
November 23: Problems at Bitfinex
Bitfinex is having issues since 10:10 PM IST. Are you also affected? Leave a message in the comments section!
Most Reported Problems
The following are the most recent problems reported by Bitfinex users through our website.
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Transfer (100%)
Live Outage Map
The most recent Bitfinex outage reports came from the following cities:
| City | Problem Type | Report Time |
|---|---|---|
 Alcúdia |
Transfer | |
 Tirana |
Login | |
 Patna |
Transactions | |
| Barcelona |
Mobile App | |
 Taurianova |
Mobile App | |
 Ivano-Frankove |
Website |
Full Outage Map
Community Discussion
Tips? Frustrations? Share them here. Useful comments include a description of the problem, city and postal code.
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Bitfinex Issues Reports
Latest outage, problems and issue reports in social media:
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Mike
(@ekimris) reported
@apinttoomany @IncomeSharks I hear you. I've been watching and tweeting about USDT for a few days since UST started wobbling. Tether depegging was bad last night. Next time it tanks, sub 20k, maybe sub 10k. And the US gov might keep the bitfinex hack BTCs after closing bitfinex down.
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REDA
(@CryptoReda) reported
Also please for christsake stop comparing a pile of **** called $ust with $usdt. Bitfinex whales are the only ones that can say that their size is actually real size. Take a break and let everything play out. Dont make irrational moves on the middle of a capitulation event.
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Matt Park
(@mattverse2) reported
@dsrvlabs_jiyun What do you think about the approach on ******* UST to a point below a dollar, say $0.5 or $0.2 and issue a future IOU, as of what Bitfinex did?
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Faisals Crypto News
(@faisalscrypto) reported
CryptoWhale: @cryptolegacy20 I would've assumed so had it not happened on multiple exchanges such as Binance and Bitfinex as well. Also, an API issue like this just days after the collapse of another stable coin is very coincidental, and suspicious, I would say the chances …
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Hegemone 🪐🐐
(@ignayshusloyola) reported
Tether peg rapidly decaying on Bitfinex website. Praying for the degen’s
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TheMerovingian
(@QuantInMayfair) reported
If #USDT doesn't depeg, I promise to use all my brain juice to help @bitfinex
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dogeldoge
(@dogeldoge) reported
@ashwsbreal Binance fixed the limit problem for $LUNA - it is allowed to buy 9 million $LUNA at once instead of 90 000 till one hour. Now the crush will end when Whales will be able to buy enogh. Next is @bitfinex that still limited they $LUNA Buys to 50000 only.
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Xecuter2
(@Xecuter2) reported
"Tethers could lose the peg and deviate considerably from $1 in the event of an increase in perceived liquidity risk and/or credit risk. In other words, if trust in Bitfinex or Tether diminishes, or if Bitfinex experiences banking issues, USDT would move lower." When not if
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🐉 Jin Chan.573 🌷
(@BlockExtreme) reported
@EquityDiamonds @volumes21108557 BSV has US access on bitfinex and much more liquidity than Bittrex. There are others like this. Bittrex has premium because of thin order book. Users provide BSV to margin traders on bitfinex.
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Why Litecoin
(@WLitecoin) reported
@HodlLite What's happening on Bitfinex? Tether down 5%, huge btc premium on that exchange...
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Nique de Graaff
(@niquedegraaff) reported
@geoffre51470987 @MMCrypto That's what the attackers (Blackrock, Citadel) want you to think. They want retail to go full panic sell USDT because they can't bring it down own their own. This causes a supply increase of USDT on exchanges and little depegging on those exchanges. But BITFINEX:UST/USD is fine!
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🎈🐻
(@hindenbear) reported
In all seriousness, can anybody explain to me why any Bitfinex user, be they retail customer or market maker, would pay $1.002 for one Tether (or accept fewer Tether than dollars for BTC), when they can buy for $0.994 on FTX or Kraken?
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Fat Cat
(@pleb_anon) reported
@insiliconot Ser what’s happening on bitfinex. USDT dumping. Finex btc trading 1000 dollars above coinbase. finex longs all time high. finex shorts going up super high. Their buys walls are getting demolished all the way down. armageddon started?
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Zach
(@CryptoZachLA) reported
USDT dumped to 0.90 in March 2020. USDT has apparently slow mechanisms for re-distribution of the supply to re-peg on chain. But USDT always is 1:1 USD for people who want to withdraw 100k+ and on Bitfinex its always 1:1 USD. Short term- Maybe depeg. Long term it’s backed fully.
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Jpegjunkie
(@daa_llc) reported
@ysong00_nft It’s literally dragging the whole market down but the whales on bitfinex and extremely long right now.
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Crypto.Edgar
(@CryptoEdgar_) reported
4/ * Issues with potential ties with @bitfinex. Many of the directors at #USDT are in fact also directors at the exchange * Has been able to keep the $1 peg extremely well which helped their success * ERC-20 token * Centralised
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CryptoWhale
(@CryptoWhale) reported
@cryptolegacy20 I would've assumed so had it not happened on multiple exchanges such as Binance and Bitfinex as well. Also, an API issue like this just days after the collapse of another stable coin is very coincidental, and suspicious, I would say the chances are very slim.
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🌛DjinnDrip🌜
(@DjinnDrip) reported
@GeorgeTosounid1 @austerity_sucks A spokesperson for Bitfinex and Tether has said that the CEO of both firms is Jan Ludovicus van der Velde.[27][28] According to Tether's website, the Hong Kong-based Tether Limited is a fully owned subsidiary of Tether Holdings Limited.
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Bilboˢᵛ
(@BiIboSV) reported
@m_murfy Not doubting the BTC should come down to the POC but I think the BSV Volume POC is fairly irrelevant. Pretty much everything has to die before BSV can do anything. There are too many enemies. All those folks like iFinex (Tether, Bitfinex), Coinbase, etc have too much to lose
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depression
(@depression2019) reported
Yeah you, a US citizen holding $USDT, will have absolutely no issues walking up to Bitfinex’s front office and asking for a round $1 in US Dollars for your coins
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Guruprasad Venkatesha
(@Guru_BCUBE) reported
@bitfinex is a massive exchange having hundreds of billions of dollars in reserves. They won’t allow it to go down. IMHO it won’t fail so easily. Small price variation shouldn’t be an issue. So nothing alarming to be at the moment. I still have $USDT (2/3)
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Paul
(@_IPau1) reported
@krugermacro you see this ****? ETH trading at a 7% premium on Bitfinex vs Coinbase and binance… how is that possible
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Moon₿TC
(@EndreVerli) reported
@ThinkingBitmex Chimp, wtf going on with arb on btcusd pair btw Bitfinex, Coinbase, Bitstamp... $1200 difference🤯
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Sherico Dela Cruz 🌑
(@Mithfalath_) reported
We **** on USDT all the time as the infamous Bitfinex reserves are still anybody's guess, but if it continues to de-peg, the immediate future is really bleak. Chainlink price feed now shows $0.9901.
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Sahra 😡 👆 👽
(@Sahra03352270) reported
@ercwl The funny thing is bitfinex has no exposure lol they can buy back usdt and burn to reduce liabilities Only holders are exposed They will only peg it back up to the liquid redemption they can support I imagine Cash flow has to be a restriction at some point too
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JaylaCrypto
(@enchiridion47) reported
Bitfinex whales buying whatever it’s all fugazi respect the pumps but we all know this **** is gonna continue grinding lower as this year plays out
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Alex Mazur
(@mazuretsky) reported
@LucioMM1 (according to their report - they claim $1 on 1 USDT but some of it is 'commercial paper' or some **** like that which many suspect to be Bitfinex loans)
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Unfair value
(@DingoRomuald) reported
@DesoGames Nice try but there will be no arb as there is risk which people don't want to take. First kraken goes down, then bitfinex
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Eckkeus
(@eckkeus) reported
@crypto_iso Kukoin, bitfinex, coinbase belly up, binance shut down - $1k possibly why not?
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nicole panicat
(@nibhals) reported
@TheMoonCarl Man, that's awful... I just recently started buying it on Bitfinex and thank god I didn't buy much at the previous price.