Binance Temporarily Suspends Bitcoin Withdrawals
Binance has temporarily paused #Bitcoin withdrawals on the $BTC network. Meanwhile, you can still withdraw BTC on other networks.
Himanshu S.
12:41 13th Jun, 2022
Bitcoin
Changpeng Zhao: Due to a backlog of transactions, Binance has temporarily suspended Bitcoin withdrawals.
Changpeng Zhao recently tweeted,
Temporary pause of $BTC withdrawals on #Binance due to a stuck transaction causing a backlog. Should be fixed in ~30 minutes. Will update.
— CZ 🔶 Binance (@cz_binance) June 13, 2022
Funds are SAFU.
Only a single network, the Bitcoin network, is impacted due to the stuck batch of transactions.
— Binance (@binance) June 13, 2022
Users can withdraw $BTC on Ethereum or BNB Chain while our team works to resolve this temporary pause.
This is due to a stuck on-chain transaction. Our team is currently working on a solution and will provide further updates soon.
