The cryptocurrency exchange Bittrex has announced the temporary suspension of the registration of new users, while the number of cryptocurrency holders is growing rapidly.

Bittrex, a popular crypto-exchange due to the wide list of traded altcoins, has announced on its Twitter that it temporarily stops registering new customers due to a back-end upgrade it undergoes to scale its capabilities.


The process of updating Bittrex servers began in late November. On 30 November, the representative of the exchange disclosed that the update was 50% complete.

In response to the announcement, the Bittrex users started complaining about the current work of the exchange site. They mentioned unexpected account freezes for no apparent reason, a long verification process, which in some cases takes more than two months.

Cryptocurrencies are gaining more adoption amid the rapid growth of the cryptocurrency market. According to the consulting company Alphabit, over the last week, the user base of three bitcoin purse providers has been replenished with more than one million new accounts.