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Cryptocurrencies

Cryptocurrencies

Binance reopens Bitcoin withdrawals.

Binance's financial services license - Image of Binance text in front of bitcoin
Creator: Telegad Creator: Telegad
Binance's financial services license - Image of Binance text in front of bitcoin
Creator: Telegad Creator: Telegad

Listen to the article now

After temporarily suspending Bitcoin withdrawals due to a congestion issue, Binance announced that the service is back up.

For almost an hour, Binance had prevented users from withdrawing Bitcoin.

Binance has been silent on the matter.

Due to technical challenges with spot trading, the largest cryptocurrency exchange in the world temporarily halted deposits and withdrawals in March.

 


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