Binance halts Bitcoin withdrawals twice in the past eight hours – The National
- Date: 08-May-2023
- Source: The National
- Sector:Financial Markets
- Country:UAE
Binance halts Bitcoin withdrawals twice in the past eight hours – The National
Binance, the world's biggest cryptocurrency exchange by trading volume, temporarily halted Bitcoin withdrawals for the second time in eight hours due to a large volume of pending transactions.
“We've temporarily closed #BTC withdrawals due to the large volume of pending transactions,” Binance said in a tweet on Monday.
“Our team is currently working on a fix and will reopen $BTC withdrawals as soon as possible. Rest assured, funds are SAFU.”