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Withdrawals from the Bitcoin (BTC) network are now suspended

Withdrawals from the Bitcoin (BTC) network are now suspended

The Bitcoin (BTC) network briefly halted withdrawals on 2022-06-13 11:43:43 UTC (UTC). Other networks, like as BEP20 and ERC20, continue to accept BTC withdrawals.

This is because an earlier batch of transactions were stuck due to insufficient transaction fees, resulting in a withdrawal backlog on the Bitcoin (BTC) network. The Binance team is working diligently to restore Bitcoin (BTC) network withdrawals as soon as feasible.

Binance will notify users in a separate announcement that Bitcoin (BTC) network withdrawals will resume once our withdrawal mechanism is stable.

Please keep in mind:

Some pending Bitcoin (BTC) network withdrawals may be refused once Bitcoin (BTC) network withdrawals resume. Users must resubmit their withdrawal requests in this circumstance.

You can still withdraw BTC from other networks and everything works normally.

finance team regret for any inconvenience this has caused.

Trading in cryptocurrencies has a high level of market risk. Please use caution while purchasing and selling anything. Please bear in mind that Binance is not liable for any trading-related damages.

About Humano

He is a freelance writer based in Turkey. He loves NFTs, football, film and technology.

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