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Binance Crypto Withdrawals Temporarily Unavailable Due to Technical Issues

25.10.2023

Crypto withdrawals on Binance are temporarily unavailable due to a “technical issue,” according to a post on the exchange’s X account.

“We are experiencing a technical issue with crypto withdrawals,” the post said. “As a result, they are temporarily unavailable whilst our team works on the fix. Fiat withdrawals are available and working. All funds are SAFU. We apologize for the inconvenience and will update on progress.”

According to etherscan, one of the exchange’s wallets last processed a withdrawal at 10:45 UTC; the update was posted 18 minutes after.

The outage comes after around $100 billion was traded across all crypto venues on Tuesday, the highest daily volume since the FTX crash in November, 2022.

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25.10.2023
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