← Go back May 05, 2023
Crypto exchange Binance said that it has resumed Bitcoin withdrawals after a brief closure due to a congestion issue. Earlier, Binance said that it temporarily closed BTC withdrawals as the Bitcoin network is experiencing a congestion issue. Binance says currently working on a fix until the network is stabilized and will reopen BTC withdrawals as soon as possible . We've temporarily closed $BTC withdrawals as the #Bitcoin network is experiencing a congestion issue. Our team is currently working on a fix until the network is stabilized and will reopen $BTC withdrawals as soon as possible. Rest assured, funds are SAFU. — Binance (@binance) May 7, 2023 Binance had paused withdrawal of Bitcoin, the world's largest cryptocurrency, for more than an hour. Binance did not provide any further details on the issue. The world's largest crypto exchange on March suspended deposits and withdrawals on its platform due to technical issues that affected spot trading. Know your inner investor Do you have the nerves of steel or do you get insomniac over your investments? Let’s define your investment approach. Take the test Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates. More Less OPEN IN APP
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