According to CEO Reports, Binance Futures Is Having Technical Issues
Binance Futures Having Technical Problems, CEO Reports
Key Points:
The CEO of Binance said that several services in USD margin trades were having problems.
Spot transactions were previously put on hold by the exchange for a brief period of time due to technical issues that went unnoticed.
Binance claimed that several problems impacting its Futures users had been identified.
Get to know Godleak
Godleak crypto signal is a service which comprise of a professional team. They tried to provide you signals of best crypto channels in the world.
It means that you don’t need to buy individual crypto signal vip channels that have expensive prices. We bought all for you and provide you the signals with bot on telegram without even a second of delay.
Godleak crypto leak service have multiple advantages in comparision with other services:
Providing signal of +160 best crypto vip channels in the world
Using high tech bot to forward signals
Without even a second of delay
Joining in +160 separated channels on telegram
1 month, 3 months , 6 months and yearly plans
Also we have trial to test our services before you pay for anything
For joining Godleak and get more information about us only need to follow godleak bot on telegram and can have access to our free vip channels. click on link bellow and press start button to see all features
https://t.me/Godleakbot
Also you can check the list of available vip signal channels in the bot. by pressing Channels button.
According to the exchange, only UM (USD-Margined) futures contracts are affected by volatility. Futures CM (COIN-Margined) contracts are not.
It was emphasized that the issue was on the futures side when the exchange’s CEO made the announcement via Twitter.
The Binance exchange was forced to temporarily suspend spot transactions on March 24 due to unidentified technical issues with spot transactions. The issue was quickly resolved by the platform, despite the fact that both deposits and withdrawals were suspended by the exchange. Bitcoin dropped from $28,000 to $27,500 quickly as a result of the issues.
CZ’s comment did not indicate a price reduction at this point. At the time of writing, the price of a Bitcoin is approximately $ 28,350.
After facing a lawsuit from the US Commodities Futures Trading Commission (CFTC), Binance was surprised by Australian authorities. In a recent official decree, CZ stated that the derivatives license for Binance Australia had been revoked. Additionally, he stated that the spot exchange would continue to function in the nation.
As Coincu announced, the U.S. part of worldwide crypto trade Binance has attempted to find a bank for its clients’ subsidizes after Mark Bank’s liquidation left it without a pivotal financial accomplice.
The exchange has tried unsuccessfully to reach agreements with Cross River Bank and Consumers Bancorp due to banks’ fear of regulatory risk.
