Cryptocurrency change Binance has halted bitcoin withdrawals for the second time in a day, citing massive volumes.
“Our team is currently working on a fix and will reopen (bitcoin) withdrawals as soon as possible,” the corporate stated in a tweet on Monday.
“There is a large volume of withdrawal transactions from Binance still pending as our set fees did not anticipate the recent surge in (bitcoin) network gas fees,” Binance stated, referring to funds made to cyrpto miners who course of transactions on the blockchain.
Earlier within the day it had paused withdrawals for about an hour.
In March, Binance, the world’s largest crypto change suspended deposits and withdrawals citing tech points.
Bitcoin was down about one per cent to $28,191, its lowest in practically per week.
Source: www.perthnow.com.au
