Binance temporarily closes Bitcoin withdrawals due to congestion

Kitco Media
By Reuters
Published:
Updated:
Reuters
May 7 (Reuters) - Crypto exchange Binance said on Sunday that it has temporarily closed Bitcoin withdrawals as the network is experiencing a congestion issue. "Our team is currently working on a fix until the network is stabilized and will reopen $BTC withdrawals as soon as possible," Binance said in a tweet.
(Reporting by Yana Gaur in Bengaluru, editing by Deepa Babington)

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