Binance, one of the most popular cryptocurrency exchanges in the world, appeared before its users with an important statement. The company announced that they are temporarily suspending all cryptocurrency transactions. Although it is not yet known when the problem will be resolved, investors are eagerly awaiting the news from the platform.
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Binance: Disabled due to congestion
Binance, which shared this news with its users on its social media accounts, did not give any information about when this problem will be solved for now. The company released the following statement on its Twitter platform:
“Due to the huge congestion, we have temporarily disabled all cryptocurrency withdrawals. You can be sure that our team is working on this issue as a priority. Thank you for your patience and we apologize for the inconvenience.”
Binance first made a statement today that they stopped withdrawals around 12:30. In the statement that came at around 15 o’clock, the transactions were restarted; It was shared that the problems were gradually resolved. Within 30 minutes, the company hoped the problem would go away completely. But it didn’t turn out as they expected, and around 15:30 they posted a new update tweet, recording the following statement:
Update: Crypto withdrawals have been closed again. We apologize for the inconvenience caused.
According to the latest feedback from users, this glitch in the Binance platform still continues. The company stated that it will inform its users in case of a new development. We’ll keep you posted when crypto withdrawals are restarted!