A few hours ago, the popular Bitcoin exchange Binance suspended work due to maintenance.
Unscheduled system maintenance. Trading paused. Working on it.
– CZ Binance ??? (@cz_binance) February 19, 2020
“Unplanned system maintenance. Trading paused. Working on it”– Binance CEO Changpeng Zhao wrote.
Also, “by tradition,” he wrote that the means #SAFU, that is, safe.
Funds are #SAFU. No need to panic.
– CZ Binance ??? (@cz_binance) February 19, 2020
Soon Zhao wrote that it would take some more time to get things going.
We will give 20-30 minutes of time to cancel orders when systems are all back online, before trading, as we typically do for maintenances.
A lot of our new users may not know this yet.
Probably another 45-90 minutes to go. Very rough estimate, don’t know how accurate it is. https://t.co/s0AiE2akSx
– CZ Binance ??? (@cz_binance) February 19, 2020
At the moment, deposit and withdrawal of funds, spot, margin and P2P trading, as well as asset transfers from margin, futures accounts and sub-accounts, are disabled. The Binance Futures platform, which uses a separate engine, works fine.
Note that platform performance problems were observed last week.
UPDATE: Changpeng Zhao said that it was already possible to cancel orders, but it took some time to restore the normal operation of the charts. Trading will become available again at 17:30 UTC (20:30 Moscow time).
You are able to cancel orders now. The charts will take a couple more minutes to catch up, but should do before live trading, which will resume 17:30 UTC.
Apologies for the interruption, and thank you for the support! Post mortem will follow.https: //t.co/HwgFlxzkDS
– CZ Binance ??? (@cz_binance) February 19, 2020
UPDATE 2: Trading operations resumed.
Trading is now live on https://t.co/QILSkzOI1K
We apologize for the inconvenience and as always, thank you for your incredible support. ? https://t.co/KBv1BJQLdV
– Binance (@binance) February 19, 2020
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