Crypto trading provider Robinhood faced technical difficulties along with Dogecoin's record trading volumes.
Related: Robinhood Announced 9.5 M Clients Purchased Crypto in Q1
The first interruption happened on the site at 10:19 AM Eastern. Forty minutes later the platform announced via Tweeter that activities have been "restored for most clients". Afterwards, they were fully restored for everybody.
Crypto trading is now fully restored for all customers. We’ll continue to monitor the situation closely. We’re sorry if you were impacted by the downtime earlier and are here to help if you have any outstanding issues. https://t.co/f5yEaQIhq8
— Robinhood (@RobinhoodApp) April 16, 2021
In less than 12 hours the app saw two outages. The reason for this was the high demand in Doge, which price has increased by over 400% in a week crossing the mark of $0.4.
Robinhood is one of the few US-based exchanges that enable Dogecoin purchases.
The team published a blog post concerning the issue saying it isn't acceptable for them. They also wrote they are proud to be a top choice for the Dogecoin community.
Robinhood faced similar difficulties before. In March 2020, when there were problems connected with infrastructure, and in January, when the app limited activities for GameStop. The latter led to legal actions in Congress.