Binance, one of the largest cryptocurrency exchanges, has warned users that following a completion of a scheduled update, the start of trading and withdrawals was postponed. This is due to a warning from pre-trading in the risk management system of the exchange.
The platform apologized for the inconvenience and thanked users for their support. Binance has since resumed its operations, around two hours after concluding the upgrade.
Two days ago, Binance warned users that on 2018/06/26 2:00 AM (UTC) the system will begin to update and it will take approximately 4 hours. "Binance will suspend withdrawals and trading during this period," the notice said.
Today, the stock exchange has announced that the update has been completed and that the trade will start from 9:30 AM. However, almost immediately the team issued a new tweet announcing the postponement on the start of trading and withdrawals.
Binance is an international multi-language cryptocurrency exchange. Since its inception in July 2017, its already considered to be one of the world’s largest exchanges. The company was originally founded in Hong Kong, but was forced to move its offices to Japan after the Chinese government banned cryptocurrency trading in September 2017.
By Ekaterina Ulyanova