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Binance Swarmed

29/01/2021 14:58
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Binance Bitcoin price, Jan 2021

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.

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