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Author Topic: Binance deposits and withdrawals are back! Yay!!  (Read 113 times)
The Sceptical Chymist (OP)
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May 15, 2019, 07:02:51 PM
 #1

You have no idea how happy I am that I was able to withdraw my NEO that I had on Binance for the last week when withdrawals were suspended.  I happen to like Binance very much as an exchange, and I must admit I was worried that they wouldn't ever get back to normal.  The memories of Mt. Gox and Cryptsy are fresh in my mind, and I'm pretty sure there were other exchanges that went bust after getting hacked (or claiming to have been hacked).

So props to Binance for getting their services back online, and I'll be confident enough to keep trading with them from here on out.

Are any of you as ecstatic as I am about this?

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squatter
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May 15, 2019, 10:30:05 PM
 #2

Are any of you as ecstatic as I am about this?

No big deal for me, but I didn't have any coins locked up there. Smiley

I'm glad to see them fully operational again, though -- especially considering their colleague Cryptopia just entered bankruptcy today. Things can change so fast in this space.

I sure hope they've made the necessary overhauls to their security system without needing to impinge on the privileges of unverified users. I'm still a bit wary of depositing anything right now.

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May 16, 2019, 12:46:37 PM
 #3

I have some small funds there, both give me automated "rewards" for keeping my balances there and both have rather laughable amounts so I'm not too worried about them (though, my experience with Nano reminds me never to dismiss entirely shitcoins). Only reason I keep them on Binance is they distribute those rewards I would otherwise be too lazy to manually collect or manage.

Reading from online updates, though, it seems deposits were never really frozen (you could still put money into your address if you stored it and your account would still reflect the new deposits).

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