Binance has temporarily suspended withdrawals.
The network will be available as of March 4, 2020. Binance took the necessary measures due to the increased transaction volume on the network.
Binance acknowledged the inconvenience that the intermittent suspension caused and assured users in a statement that they are working on resolving the issue. The exchange has identified areas of optimization for the Solana Network and is actively working on implementing a stable, lasting solution. The date set for implementation is March 9th, 2024 at 18:30 (UTC).
Ethereum Network also pulled down
Binance has also suspended its activities on the Ethereum Network (ERC-20). The maintenance lasted about 2 hours. During the maintenance period, withdrawals and deposits on the Ethereum Network (ETH) was temporarily suspended.
Binance Users are advised to plan their activities in advance, and take into account the temporary suspension.
Network transactions during maintenance window
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
Source: blockchainreporter.net
