One of the biggest crypto exchange is apparently greeting an influx of new users with Binance stating:
“Binance will be suspending withdrawals temporarily in order to address a large increase in requests from new unique users. Rest assured funds are SAFU and we apologize for any inconvenience caused.”
Changpeng Zhao, Binance’s CEO, said: “ATH everything, user sign ups, deposits, trades, system loads.”
This suspension lasted only one hour today at around 11AM London time with Binance restoring withdrawals.