Crypto-currency Exchanges are registering 100000 users per day !


    Leading Bitcoin and crypto-currency exchanges ( bourses) are registering 100000 users per day.

    Many exchanges like Coinbase (GDAX), Binance, Bittrex, Bitstamp and Kraken have struggled in handling the abrupt surge in demand for their services.

    Some exchanges have overhauled their systems to boost their qquality, others instantly stopped to register new accounts. This week, Changpeng Zhao, the founder and chief executive officer of Binance, the worldwide market’s largest cryptocurrency exchange with a staggering $9.5 bln daily transaction volume, disclosed that it’s additional over 250,000 users per day day.

    In December , Kraken and Coinbase allocated a big portion of their resources and capital in rising client support and therefore the quality of their platforms.

    On December. 23, Kraken, that has found issue in process account verification, disclosed that it’s enforced major system upgrades and enhancements in performance and can still develop its platform to support new users.

    Kraken development team admitted that its current infrastructure is “degraded and unreliable,” and vowed to boost it throughout January 2018.

    other Crypto exchanges like the South Korean exchange have also halted registering new users for some time.

    from CNBC wrote previously about the increase of users registrations, that started at the end of 2017 after the massive increase in crypto- awareness from the community, during this period, 100000 users were registering at coinbase per day in november 2017.

    read the original article by Joseph Young of cointelegraph.