Binance Resumes BTC Withdrawals After Temporary Halt

Twitter icon  •  Published il y a 10 mois  •  Hassan Maishera

Binance has resumed Bitcoin withdrawals after pausing them for several hours on Sunday, and again on Monday morning.

Binance has resumed Bitcoin withdrawals after pausing them for several hours on Sunday, and again on Monday morning. 

Binance’s set fees did not anticipate the surge in gas fees on the Bitcoin blockchain, meaning. The exchange had to replace them with higher fee transactions for them to be picked up by miners.

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.