Jaxxbit.com started experiencing technical glitches after the news about Tesla and bitcoin. Users complained that they could not trade and open positions.
Jaxxbit.com users have encountered the 502 Gateway Time-out error due to the rising price of bitcoin. Social media users have criticized Jaxxbit.com for not having a system capable of handling such a load.
The Jaxxbit.com team posted the announcement after complaints.
“We are aware of the difficulties faced by users,” the officials said. “Our team is trying to solve these problems.”
Jaxxbit.com has apologized to users for the problem.
The exchange’s CEO, Changpeng Zhao, wrote in his personal account: “We have huge traffic. In some countries, there may be delays with operations. This should be fixed soon. All this happened because of Elon.”