Binance Announces Temporary Suspension of Operations on the Ethereum Network

The world’s largest crypto exchange announced the suspension of operations in ERC20 on June 27, while technical work is being carried out.

Binance’s suspension of Ethereum wallet operations should take approximately two hours. Only deposits and withdrawals of ERC-20 tokens will be suspended, representatives of the site promise. At the same time, trading operations will continue and will not be affected. Suspended operations should resume immediately after:

“Deposits and withdrawals will resume after maintenance is completed.”

This is far from the first exchange wallet service Binance has had in recent months. Earlier in June, the exchange suspended operations for withdrawing bitcoins into US dollars due to a delay caused by a stuck transaction.

Source: Bits

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