Binance, Exchanges

Why Is My Binance Withdrawal Suspended?

If you’ve been trying to withdrawal from Binance and it says your withdrawal is “Suspended”, don’t worry, you’re not alone. Many users have been reporting the same issue.

The good news is that it looks like Binance is aware of the problem and is working on a fix. In the meantime, there are a few things you can do to try and resolve the issue.

First, make sure you’re using the correct address for your withdrawal. Binance only supports withdrawals to addresses that have been previously used for deposits.

If you’re trying to withdrawal to a new address, it’s likely that’s why your withdrawal is suspended.

NOTE: WARNING: Binance withdrawals may be temporarily suspended due to a variety of reasons, including but not limited to: suspicious activity, inadequate personal information verification, and suspected violations of Binance’s Terms of Service. If you believe your withdrawal has been suspended for any reason, contact Binance support immediately for further assistance.

Second, check to see if there are any pending deposits to your account. If there are, those need to be processed before you can make a withdrawal.

Finally, if neither of those solutions work, you can try contacting Binance support. They may be able to help you figure out what’s going on and get your withdrawal processed.

So why is your Binance withdrawal suspended? Most likely it’s because you’re using a new address or there are pending deposits to your account. But don’t worry, Binance is aware of the problem and is working on a fix.

In the meantime, you can try one of the solutions above to see if it resolves the issue.

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