Binance Says Some Users Face Withdrawal Disruptions, Restoration Underway After Technical Error
Doohyun Hwang
Summary
- Global cryptocurrency exchange Binance said some users were experiencing issues with withdrawals.
- Binance said it was aware of the withdrawal issue caused by a technical error and that its technical team was working to restore normal service.
- Binance said it would provide a further update after a full recovery of withdrawal functions and stressed that user funds are safe.
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Some users at global cryptocurrency exchange Binance experienced problems processing withdrawals.
On October 29, Binance wrote on its official X account that it was aware some users were having difficulty withdrawing crypto because of a technical error. Its technical team is working to restore normal withdrawal services.
The exchange said it would provide another update once withdrawals are fully restored and stressed that user funds are safe. Binance did not disclose the specific cause of the error or give a timeline for a full recovery.
Doohyun Hwang
cow5361@bloomingbit.ioKEEP CALM AND HODL🍀