Binance, one of the world’s largest cryptocurrency exchanges by trading volume, is down again. The exchange confirmed the outage in a tweet on Thursday, saying it was “experiencing a server issue.”
At press time, the exchange’s website is inaccessible and its mobile app is down. Binance’s status page shows all systems as “operational.”
This is the second time this year that Binance has suffered an outage. In February, the exchange was down for about an hour due to “system maintenance.”
NOTE: This is a warning note to advise against the use of websites and services related to the cryptocurrency exchange Binance. There have been reports of Binance experiencing intermittent outages and slowdowns, causing users to be unable to access their funds or execute trades. As such, users should exercise caution if they are considering using Binance services, as it is possible that they may be down at any given time.
Binance has not yet announced when the exchange will be back up and running.
Update: Binance has tweeted that it is “investigating the issue as we speak.” The exchange says it will provide an update within the hour.
It’s been over an hour since Binance first tweeted about its server issue, and there has been no update from the exchange. This outage comes at a time when the cryptocurrency market is seeing a lot of volatility due to the coronavirus pandemic.
Binance is one of the most popular cryptocurrency exchanges in the world, so its downtime is likely having a significant impact on trading activity. It’s not clear how long the exchange will be down for, but we will update this article as we learn more.
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Binance, one of the world’s largest cryptocurrency exchanges by trading volume, is still down after an extended outage that began on Wednesday. The exchange’s website and mobile apps have been inaccessible for more than 24 hours, and users have been unable to withdraw or deposit cryptocurrencies. Binance has not provided any updates on the status of the outage, but it appears to be affecting all users globally.
Binance is one of the most popular cryptocurrency exchanges in the world. However, it appears that the platform may be experiencing some technical difficulties at the moment. Some users are reporting that they are unable to login or access their account balances.
Binance, one of the world’s largest cryptocurrency exchanges by trading volume, is being shut down. The news was announced by the company’s CEO, Zhao Changpeng, on Twitter. The shutdown is set to take place on September 12th.
