Bitcoin exchange OKX has informed users of the disruption and assured that the assets are safe.
Market pre-open is starting now. We are currently in cancel-only period. After which at 5:27pm UTC+8, trading will resume. We will do a post-mortem once everything is ok. Thank you for your patience.
— OKX (@okx) March 17, 2023
“OKX systems are experiencing outages due to intermittent issues with our servers. Funds are safe. Our technical team is working hard to resolve this issue as soon as possible.
At the time of writing, OKX is operating normally. The company apologized for the inconvenience caused and asked to report any difficulties encountered.
All services have resumed. If you notice any abnormalities, please inform us immediately. We apologize once again for any inconvenience caused.
— OKX (@okx) March 17, 2023
On December 18, 2022, representatives of the exchange announced difficulties in customer service due to problems on the side of the cloud service provider Alibaba Cloud. Deposits and withdrawals resumed the next day.
In March 2023, BitMEX announced the suspension of trading. The reasons for the failure in the cryptocurrency exchange were not reported.
Recall that in January, OKX published the third monthly confirmation of reserves, confirming the provision of user funds in leading cryptocurrencies.
Earlier, a number of experts questioned the effectiveness of such checks. In their opinion, the indicators do not indicate the safety of clients’ assets.
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