Bitcoin Forum

Hello,

I read on coindesk  (https://www.coindesk.com/hacked-crypto-exchange-binance-to-resume-deposits-and-withdrawals-on-tuesday) that binance is resuming withdrawals and deposits now.

Anyone already tested it? I am planning to send some altcoins there and exchange for btc (and immediately withdrawal ofc)

Everything is functional again when it comes to deposits and withdrawals, so go ahead. The only 'issue' they're dealing with right now is high server load, but that's being worked on as we speak.

Yes, everything is functional again yet i have withdrawn some of my alts locked up on that exchange.Just offtopic, i already lost my trust on this site but i dont have any choice.  :D

Two days ago I withdraw some of my coin from Binance. I was having issue with email confirmation not sure why, may be it could be something with my email client but eventually I was able to withdraw the coins without any hassle.

So, I can assure you that withdrawals are working just fine.

Actually, the article which you're referring to is about 11 days old. It was published at the time when Binance was hacked, and the hack was followed by immediate maintenance to get things back on track. So, it's been ten days since the opening of both, the deposits and the withdrawals; things are looking very much normal now (at Binance).

Binance wrote an article regard their maintenance was already completed 8 days ago. As stated in their article that withdrawal is already working as of now.

Article posted 8 days ago.

In fact, you can just navigate to the coins you want to deposit/withdraw (assuming you already have an account), and if everything is working fine, you can proceed, where if deposits/withdrawals are suspended you'll get a pop up telling you that. Would have saved you a lot of time instead of waiting for a reply from people. :)

Don't pay attention to articles too much. Actually verifying if an exchange has problems or not is the right way to approach this.

Thanks everyone for your comments. Happy to see binance is still one of the best exchanges out there. After millions of dollars stolen, they are fine and it was nothing to them.


Users here share their experiences very quickly   :D

Yeah, I'm actually glad they didn't get hit harder than they did and that they're still up and running.  Deposits and withdrawals (as I'm sure you know) were suspended for a week, and I was a bit anxious to put it mildly.  I had some bitcoin on there that I had deposited literally hours before they suspended everything, and I wasn't sure I'd ever see it again.  With the history of what happens to exchanges after they get hacked--or when they claim they got hacked--there was no way to tell if they'd continue business as usual. 

So yeah, I'm now more confident than ever that Binance is the real deal and I've done a handful of trades with them since they resumed their normal functions.

That's to be expected.  Binance is an extremely popular exchange and a lot of people from the forum trade on it.