On Monday, November 1, The world's largest cryptocurrency exchange Binance announced the suspension of withdrawals. This decision was caused by technical difficulties in processing applications.
The administration of the trading platform, approximately 25 minutes after the blocking of transactions, announced the resumption of regular work. However, after another 20 minutes, the exchange again stopped accepting withdrawal requests from users.
Full functionality was restored less than an hour ago. At the same time, the platform's statement on Twitter notes that because the problem has not been eliminated, applications will be processed with a lag.
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The exchange apologized for the inconvenience.
At the moment, Binance is the leader in the ranking of cryptocurrency platforms in terms of the volume of daily transactions with digital assets.