Bitcoin

Gate IO exchange repairs price display glitch, offers refunds to affected users

The exchange of Gate IO, one of the widely used term markets, had to repair a problem of several minutes to correct a dysfunction of the long -term prices. The exchange has not closed other services and will free users who have undergone delay losses.

Gate Io, one of the most used exchanges, has encountered excessive traffic, which led to a delayed term price display. Some users have declared missing sales on their long -term trading panels. Traders feared that he was unexpectedly liquidated after not having found their updated sales correctly. However, the funds were safe and Gate reacted quickly with a solution.

The users of the exchange noticed the problem during one of the busiest days of negotiation of the year, when the term markets saw maximum liquidity inputs and trading volumes. Gate announced that no balance was lost or affected, and all services are back online.

The platform briefly stopped its markets until it repaired the problem. Users can now see their sales on the trading interface. Previously, Gate explained that the data delay was due to excessive traffic. The exchange will not compensate for users of regular losses caused by market fluctuations. However, users have complained that loss of the term interface meant that they could not close the trades, leading to a liquidation.

The occupied negotiation days have already caused the closure of the exchanges. A week ago, Binance and Kucoin had breakdowns Due to AWS cloud problems. During previous rallies, Coinbase reported delayed services. Currently, Gate continues to operate as usual, once again displaying correct sales and prices.

Gate Io volumes jump by 28%

The global cryptography market rally has increased Gate's performance. The exchange brought more than $ 4.8 billion in daily volumes, up 28% in the last 24 hours. The main BTC / USDT pair represented almost 12% of this traffic after BTC broke out at a higher price range.

The exchange also saw the third greatest liquidations among the centralized markets. In the past 24 hours, $ 85 million has been liquidated on the Stock Exchange, with a short -term share of 87.21%.

Gate Io Exchange Market Update, Price Price repair.
Gate Io liquidations followed the general trend of going after short positions. | Source: Rinsing

Gate is classified as the first 10 centralized exchanges, with an activity close to the levels of Mexc and Kucoin. The market operator has $ 6.27 billion in reserves on April 23.

Gate is also among the 10 most reliable centralized exchanges, which have managed to remain protected from exploits despite rumors.

Gate is one of the oldest market operators, offering services since 2013. He has recordings in several cryptographic user -friendly regions, notably Malta, Gibraltar, Bahamas and others. The exchange was also essential to provide liquidity for several tokens of memes.

After the increase in traffic, the gate native token joined $ 23.80, trading almost a peak of one month. The exchange tokens as a whole have developed, reflecting the return of traders after the relatively inactive Easter weekend.

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