Bitfinex Handles 400,000 Trading Events Per Second Amid Fren

Bitfinex Handles 400,000 Trading Events Per Second Amid Frenetic Bitcoin Trading


Bitfinex Handles 400,000 Trading Events Per Second Amid Frenetic Bitcoin Trading
Date
09/02/2021
Bitfinex, a state-of-the-art digital token trading platform, successfully managed 400,000 ‘trading events’ per second yesterday amid a frenzy of speculation on bitcoin after Elon Musk's Tesla bought US$1.5 billion of the world’s biggest cryptocurrency.
Bitfinex cemented its preeminent position, delivering a high-performance trading experience while rival exchanges suffered downtime amid soaring website traffic as the bitcoin price spiked to US$48,000.
Bitfinex handled approximately 400,000 events, or connections, per second from a global customer base between 1pm and 5pm UTC on February 8th. These connections were composed of crypto investors seeking to trade or obtain a price for digital tokens.

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