Cryptocurrency Q&A
What happens if there is an operational outage at Moonpay?
What happens if there is an operational outage at Moonpay?
Eleonora
Tue Dec 17 2024
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5 answers
1123
I'm concerned about what would occur in case of an operational outage at Moonpay. Will my transactions be affected? Is there a contingency plan in place to minimize disruptions?
5 answers
Andrea
Thu Dec 19 2024
Technology outages can disrupt the trading process, making it impossible to execute orders in a timely manner.
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Martino
Thu Dec 19 2024
Cyber-attacks pose a serious threat to the security of cryptoassets. If a platform is compromised, funds could be stolen or trading activity could be disrupted.
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GangnamGlitter
Thu Dec 19 2024
Comingling of funds, where a platform mixes client funds with its own operational funds, can lead to liquidity issues and make it difficult for traders to access their assets when needed.
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MysticStar
Thu Dec 19 2024
These operational failings can cause unwanted delays, preventing traders from selling their cryptoassets at the desired time.
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Davide
Thu Dec 19 2024
Operational failures can have significant consequences for cryptoasset traders.
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