Back in November, Safetrade experienced a massive increase in trading activity which was approximately 5000x the daily volume from just one year ago ($600/day to $3m/day). Number of users jumped from an accumulated 20k built over 5 years, to over 200k in weeks. This was accomplished through a dedication to innovation, years of trust building, and strong relationships in the heart of the most disruptive crypto communities. And, of course, no fear of hard work.
The 5000x increase in traffic quickly overwhelmed the software we started with in our humble 2018 beginnings. Everything came to a hault.
What to do? Well, the solution was simple. New exchange.
Okay.....so it wasn't simple. But it was the right and only thing to do. Luckily, we had anticipated the growth surge, and we were already hard at work on a new platform in the background. We are...Always...hard at work in the background. Switching to a new experimental platform with a gun to our head wasn't, however, part of the plan. The surge happened quickly, and early.
We undertook a "live transition". Through extremely hard work, focus, dedication, and incredibly talented developers, we were back up within a few short days with our two largest trading pairs (and hardest to implement): Qubic and SMH. Safetrade 3.0 was born. In a taxi, on the way to the hospital.
Over the next few weeks and months, we worked tirelessly to restore all previous functionality while simultaneously debugging, stabilising, and meeting the changing production needs of the incredible communities we support. Today, we announce 100% support for all previous functionality :)
Every live project, no matter how unique the integration, no matter how much work, has been re-integrated and supported on Safetrade 3.0. We keep our promises, as those who have been loyal to us since 2018 know. Nothing was more important than fulfilling support to everyone without exception.
So what's next? Well, some of you know. We are ...always...hard at work in the background.
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