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The high volatility of the cryptomarket allows investors and traders to draw enormous profits. This attracts a stable flow of new “players”. As a result, the number of users on cryptocurrency exchanges is always increasing. Besides that, new cryptoassets are emerging on a regular basis. Since the introduction of the blockchain, their growth has become exponential.
As a result of increase in trading demand, many cryptocurrency exchanges are not capable of handling the increasing volume, especially during peak times. Others are losing their competitive edge in light of changing market conditions.
News outlets regularly stream information about problems of different crypto exchanges. The main issues that exchanges experience are: