Bittrex users took to social media to voice their concerns: something is wrong at the third largest cryptocurrency exchange in the world. Customers openly complain they’re having issues with withdrawals, and this has been going on for weeks. Certainly every popular platform has had its share of problems with runs in the wake of price spikes, but until yesterday the exchange offered no formal, public explanation.
With the huge influx of new customers coming in, I say that they are not ready to accept and transact this kind of volumes. I remember that there was this kind of situation before, specially when Japan entered the picture, the price pickup, customers increased resulting to many complains.
I guess those exchanges will need to make adjustments as well like upgrading their technical, - infrastructure including software, support channels, networks, servers. Communications are very important to their clients, so they should also make it a point to inform what is happening on their end beforehand so that every customers is updated.
And its not only exchanges are affected with the sudden spike hike, even tumbling services too, cryptomixer has been down lately because of DDoS. There's still a lot of individuals out there who wants to create havoc and panic specially when the price is surging.
As for the fees, it should only be increased or charge their client's appropriately. but then again, when the mempool is clogged we can't do anything about it but to pay higher fees.
