Binance is undergoing impromptu temporary system maintenance. Binance Systems detected an issue with an API end-point necessitating the System Maintenance.
Our system detected a potential matching error, and the matching was automatically suspended. We are looking into the issue. May take 30-60 min by initial estimate (may change). Will keep you updated. https://t.co/ryxkV5oRGW
— CZ Binance (@cz_binance) December 21, 2020
Binance has suspended deposits, withdrawals, spot and margin trading, P2P trading, OTC Portal trading, savings & redemption, as well as asset transfers from sub-accounts, margin accounts, futures accounts, and fiat wallets.
However, Binance assures users that trading on Binance Futures is continuing unaffected during the maintenance period.
TLDR: Futures trading is still running. Everything else is in maintenance mode now. Working to bring the system back online asap. First data validation passed. Funds are #SAFU.
Thank you for your patience and support. 🙏🙏🙏 https://t.co/ti8XW9aYic
— CZ Binance (@cz_binance) December 21, 2020
The cryptocurrency exchange has also assured users that all funds are safe.
“You will be notified once the system maintenance is complete. Users will have 30 minutes to cancel orders, make deposits and withdrawals, and make asset transfers before trading resumes.” an official statement reads.
