Bitcoin Forum

Binance, the cryptocurrency exchange currently ranked second to OKEx on CoinMarketCap in trading volume, has temporarily suspended withdrawals and trading.

Changpeng Zhao, CEO of Binance, tweeted on Feb. 7 at 6:38pm EST that the exchange was experiencing a server error that could be resolved in a few hours and that “no data is lost.”


Read more...

https://cointelegraph.com/news/binance-exchange-halts-trading-withdrawals-over-server-issue-assures-no-hack

As it currently stands, data sync is steadily progressing. At this rate, we still stand by our previous estimation of trading activities resuming at 2018/02/09 4 am UTC.

Thank you for your patience and understanding.

We sincerely apologize for any inconveniences caused.


Going to be back up sooner than in 30 minutes

They are not hacked, binance are currently experiencing server issues with their database, a lot of data needs to be sync so it will take more time for users to be able to use their platform again. They suspend all trading, withdraw and also deposit and they announced that all activity will resume at tomorrow at 4AM (UTC) which I found unacceptable, personally I use their platform and have some of my coins in my binance account right now but all are nontransferable at the moment, while the price of most of the coins I trade are now making profit. What is this? a planned freeze for users to avoid taking their gains?

Nope! Server just overload. It's back. You can see here : https://twitter.com/binance_2017/status/961615376797769729