Binance, one of the world’s largest cryptocurrency exchanges by trading volume, is currently down, with users reporting that they are unable to access the site or make trades.
The outage comes just days after the exchange announced that it would be adding support for Ripple’s XRP token on its platform. Binance has not yet issued a statement on the current outage, and it is unclear what may have caused the problem.
NOTE: This is a warning to all users of Binance: Be cautious when asking the question “Is Binance Working Right Now?” as it may be interpreted as a call-to-action and result in malicious activities such as phishing, spoofing, or other malicious activities. It is also important to remember that Binance does not control or monitor the status of its services at all times, so please use caution when making inquiries about its current status.
This is not the first time that Binance has experienced an outage, as the exchange was also down for several hours in February of this year. At that time, Binance attributed the outage to “server maintenance.”
It is currently unclear when Binance will be back up and running, but users will likely have to wait until the exchange provides an update. In the meantime, other major cryptocurrency exchanges, such as Coinbase and Kraken, remain operational.
Update: Binance has issued a statement saying that it is “investigating reports of some users being unable to log in or access the site.” The exchange says that it will provide an update as soon as possible.
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