Cell software of cryptocurrency alternate, Bitbns, disappeared from Google Play Retailer on Wednesday night because the platform confronted a brief downtime owing to a technical glitch. In keeping with the corporate, pre-installed functions and the desktop website of the alternate had been working nice.
“We’re conscious of the issue and the crew is presently working to resolve it on the earliest on Google Play Retailer. Within the meantime, buyers or merchants can use Bitbns’ net portal for buying and selling or investing,” stated Gaurav Dahake, chief govt officer, Bitbns.
Regardless of the technical concern, the app was obtainable on Apple Inc’s App Retailer.
Based in 2017, Bitbns has over three million customers in India and provides over 100 digital properties.
The platform provides merchandise corresponding to bit droplet, a scientific funding plan (SIP) in bitcoin, FIP, which is fastened deposit for cryptos. The alternate additionally provides superior buying and selling capabilities corresponding to margin buying and selling, which might be leveraged by merchants and automatic buying and selling choices by way of API for customers.
In the meantime, India’s crypto alternate when it comes to quantity, WazirX, additionally confronted technical points on Wednesday.
“Reviews of delays in-app. We have obtained studies that you just’re going through delays in buying and selling, viewing order ebook and commerce historical past on WazirX app and web site. We’re investigating the problem and dealing with a repair. We’ll replace you as quickly because it’s finished,” the alternate tweeted.
The crypto market in India has exploded over the previous 12 months together with the surge in crypto costs with the general consumer base reaching the 15 million stage, with investments of over $1 billion within the digital property.
Nonetheless, this spike in demand has usually resulted in exchanges going through technical points on occasions attributable to heavy consumer site visitors.