July 23, 2024
Binance twice pauses bitcoin withdrawals due to ‘large volume’

Binance twice pauses bitcoin withdrawals due to ‘large volume’

Crypto exchange Binance paused bitcoin withdrawals twice Sunday, saying the blockchain was congested by too many pending transactions.

“We’ve temporarily closed #BTC withdrawals due to the large volume of pending transactions,” Binance said Sunday night on Twitter. “Our team is currently working on a fix and will reopen $BTC withdrawals as soon as possible. Rest assured, funds are SAFU.”

Withdrawals…

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