Binance, the world’s largest crypto-exchange by volume, has announced that it will be suspending withdrawals temporarily in order to address a large increase in “requests from new unique users.” In fact, while withdrawals did resume for a few minutes, they were suspended again soon. Binance has suspended deposits, withdrawals, spot and margin trading, P2P trading, OTC Portal trading, savings & redemption, as well as asset transfers from sub-accounts, margin accounts, futures accounts and fiat wallets. I've seen this in other forums but I can't seem to figure out what is taking so long to get this option working again. All deposits and withdrawal services on ADA will be suspended starting 2020/02/20 4:00 PM (UTC). Binance has temporarily suspended Ethereum and ERC-20 withdrawals citing a network congestion issue behind the decision. Fellow Binancians, Please note that Bitcoin Cash (BCH) withdrawal and deposit is currently unavailable due to an unscheduled maintenance. Users who intend to trade Bitcoin Cash (BCH) will still be able to do so on Binance.SG. Bitcoin price surged by more than 20% in minutes of world’s richest man’s mention of Bitcoin in his bio. “Binance has suspended deposits, withdrawals, spot and margin trading, P2P trading, OTC Portal trading, savings & redemption, as well as asset transfers from sub-accounts, margin accounts, futures accounts, and fiat wallets.” In response to many users’ concerns about what the … Binance claims this is from Iota's end. One of the more popular cryptocurrency exchanges, Binance has suspended withdrawals of the Stellar Lumens cryptocurrency since at least November 22, 2018 citing, “Network congestion.” Over the days various users have tweeted Binance and discussion is increasing amongst the cryptocurrency community, however Binance and/or it’s CEO has still failed to respond on the matter. Binance is undergoing temporary system maintenance. The suspension will not affect trading on the platform during the upgrade, the post concluded. Binance CEO CZ was quick to take to Twitter to reassure […] An announcement on the official Binance blog further confirms Binance’s support of the upcoming Cardano upgrade as the cause of the halt. “Binance has suspended deposits, withdrawals, spot and margin trading, P2P trading, OTC Portal trading, savings & redemption, as well as asset transfers from sub-accounts, margin accounts, futures accounts, and … I'm looking for some help here. https://www.cryptopolitan.com/binance-suspends-eth-withdrawals According to a statement, hackers “were able to obtain a large number of user API keys” using a variety of methods including phishing, viruses and other attacks. Ethereum network has been reeling with scalability and rising gas fee issues despite its market price reaching new all-time-highs. 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