Binance suspends withdrawals

by in Cryptocurrency News


On Monday, May 10, Binance suspended the withdrawal of all assets.

“Our team is working on this. We apologize for the inconvenience caused and thank you for your patience,” the message says.

Trading platform representatives did not disclose the reasons for the suspension. According to them, the request sent for withdrawal will be added to the queue and processed after the problem is resolved.

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Shiba Inu, a clone of the Dogecoin meme cryptocurrency, has previously started trading on Binance.

On April 20, the crypto exchange suspended the withdrawal of Binance Coin amid record on-chain activity and heavy load on the platform.