On April 4, when the trading platform faced an outage, the issue continued for over a day before it was resolved. It was found that the Binance-owned exchange crashed shortly after the exchange had crossed $270 million in daily trading volume. The CEO of the company, Nischal Shetty claimed this is the highest trading volume by any crypto exchange in India ever. The issue which the users were facing is mainly because of traffic.
This time around Shetty has not shared any information on the crash. Meanwhile, Menon stated that while exchange was back in action, Dogecoin trading was not very smooth.