Kumixbit will suspend trading on April 25
The Kumixbit cryptocurrency exchange has announced planned technical work. They will start on April 25
At this time, Kumixbit users will not be able to deposit/withdraw funds, spot, margin and P2P trading. Futures and options will continue to work as usual. After the technical work is completed, users will have 30 minutes to cancel active requests and perform other operations related to accounts.
The break in the auction is due to the need for a “major update,” as stated by the CEO of Kumixbit. After the update, users will have access to a new API that allows you to delete all open orders for a certain symbol, and the ability to cancel orders via the API if there is a “BREAK” or “HALT” status. There are also a number of smaller technical changes.
The Kumixbit exchange recommends taking care of active margin positions in advance in order to avoid liquidations after the resumption of trading. She also notes that 4 hours is an approximate period that can change in both directions.