Categories: business

RAGE AMONG MILLION PEOPLE ! CRYPTOCURRENCY MARKET CRASHED

The fumes of anger has been seen among million users of India’s largest cryptocurrency exchange , WazirX, as the exchange services crashed reportedly. Users in Indian showed their rage on social media platform Twitter and raised the issue with the company’s official Twitter handle .

The users were able to buy and sell cryptocurrencies on WazirX mobile app . But some features where unusable such as charts so they informed ETMarkets.com.

“The heavy price dip in the market has encouraged more people to buy into the dip thereby causing a tremendous surge in our traffic. We’re seeing approximately 400% more traffic that what we witnessed in previous month,” WazirX said in an email to ETMarkets.com. They also added “Our team is working on bringing WazirX back up. Moreover, to accommodate the rapidly growing traffic and volume, we’re working on an upgrade for the WazirX trading engine named Project Raftaar,”

Deeksha Kumari

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