Binance goes into maintenance mode, halts trading briefly

07 Jun, 2019
by David Borman
Binance goes into maintenance mode, halts trading briefly

Today saw a short interruption to trading on popular exchange Binance. Though the site was only in maintenance mode for less than an hour, many users were concerned that their trading activity can be interrupted so easily.

Less than an hour later, it seems everything has returned to normal:

Despite the seemingly quick turnaround many users were still upset, some because of loss of funds due to incomplete trades:

Others were concerned with how apparently fragile the Binance system seems to be:

In any event, all indications are that the exchange is back up and running again. Hopefully hiccups like this don't happen too often, as traders want to be able to trust that their chosen exchange will not have frequent surprise downtime. Will there be any more issues? Stick with Chepicap for all updates!

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