Crypto: World’s largest crypto exchange Binance suspends crypto withdrawal

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Binance, the world’s largest crypto exchange, has suspended all crypto withdrawals on its website.

The exchange announced on Twitter early Monday that it temporarily disabled all crypto withdrawals due to a large backlog, and later said the function has been resumed.

About 20 minutes after the resumption notice, Binance tweeted that it closed all crypto withdrawals again, without explaining reasons. The exchange said it will share further updates on Twitter.

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Binance Coin is recently trading at $532.8, up 3% over the past 24 hours.

This article was originally published by Marketwatch.com. Read the original article here.

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