Binance suspends bitcoin and cryptocurrency withdrawals due to technical issues

Binance suspended all bitcoin and crypto withdrawals in the early hours of Monday (01) due to a technical glitch.

The announcement was made at 08:37 on the company’s official Twitter profile. After about 20 minutes, the exchange announced that the situation was back to normal and withdrawals could be made again very soon.

Binance founder Changpeng “CZ” Zhao also said on Twitter that the team is working to resolve the issue and users’ funds are safe.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.