Binance’s CEO Updated Users On Twitter As Exchange Suffered Rare Outage

Changpeng Zhao, CEO of Binance has provided live updates on the disruption in trading in the country. The outage was caused by a software error in the spot-matching engine that processes user trade orders. The outcry for the world’s largest exchange by volume was very astonishing. Due to a software bug, Binance suspends spot trading Binance suspended all spot trading after experiencing a rare outage due to a software glitch. Banning immediate deposits and withdrawals is part of normal business operations and assures investors that their funds are secure. Binance, the world’s biggest crypto exchange, controls over 60% of all The post Binance’s CEO Updated Users On Twitter As Exchange Suffered Rare Outage appeared first on Cryptoknowmics-Crypto News and Media Platform .