An error has occurred in Binance’s spot trading systems. The exchange announced that it has temporarily suspended spot trading. While there was a sudden decrease in Bitcoin prices, the statements of Binance boss CZ relieved investors.
The world’s largest cryptocurrency exchange BinanceIt looks like there’s a serious problem going on. Because in the statements made on the subject, it was stated that there was a problem with spot transactions. Taking action to solve the problem, the stock market also included all spot transactions. in a suspended state.
When we look at the announcement made on Binance’s Twitter account, we can see that the problem in the stock market is only about spot trading we see that. The company has suspended operations until it produces a solution. Although it is not clear yet, the problem in Binance is the most. a few hours looks like it will continue.
Binance boss CZ made a statement
Binance founder and CEO after Binance’s official announcement on Twitter CZ on the subject of He did an explanation. Saying that they identified the problem and faced a strange error, CZ said that the problem 30 to 120 minutes announced that they expect it to be resolved between them. Trying to calm the investor, CZ announced that the $1 billion Security Asset Fund (SAFU) for investors that you are ready stated.
Binance’s statement on Twitter was as follows:
“There is an issue with Binance affecting spot trading. We are working to resolve this as soon as possible. All spot trading is currently temporarily suspended.”
Instant drop in Bitcoin!
In parallel with the statements made by Binance, a sudden increase in Bitcoin prices there was a surge. Bitcoin (BTC), which was traded at $ 28 thousand 100 before the news, declined to 27 thousand 730 levels within minutes with the spread of Binance news. After the statement made by CZ, we see that BTC prices are on the rise again. As of the time of this article, Bitcoin has been rebuilt 28 thousand 100 dollar levels have been reached.