Binance suspends withdrawals of all assets

On Monday, May 10, the cryptocurrency exchange Binance suspended withdrawals of all assets.

All withdrawals are temporarily suspended on #Binance.

Rest assured our team is working on it.

We apologize for any inconvenience caused and thank you for your patience.

— Binance (@binance) May 10, 2021

«Our team is working on this. We apologize for the inconvenience caused and thank you for your patience», — the statement said.

Representatives of the trading platform did not disclose the reasons for the suspension. According to them, the withdrawal request will be added to the queue and processed after the issue is resolved.

Earlier, Binance began trading Shiba Inu, the clone of the meme cryptocurrency Dogecoin.

Earlier in April, the crypto exchange suspended withdrawals of Binance Coin amid record on-chain activity and high load on the platform.