Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: rose berry on December 01, 2022, 07:31:46 AM
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today Binance will momentarily halt bitcoin deposit and withdrawals in order to perform its routine wallet maintenance, Biance will carry out wallet maintenance for the bitcoin network which expected to last for an hour, Although bitcoin trading wont be impacted deposit and withdrawals on bitcoin network.
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I am sure this is just an ordinary and routine kind of thing performed by Binance and should not be taken to be any cause of alarm. Of course, had we been in normal times this will never be landing in the news but since we are at the period where FTX collapse contagion is still on the whole market then anything that is halting the usual in and out of transactions in a big exchange like Binance can be a source of concern. Binance is SAFU so I am expecting that nothing bad can happen to this exchange...unless proven otherwise.
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Maybe because of the checks in their platform, this is connected, I don't think they want to do more bans because of the situation in Ukraine, which are already a bunch. Maybe they wanted to hack them and that's why the platform is not fully functioning now.
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I think the Bitcoin withdrawals are now re-enabled. I just came from the website and the warning is no more there. Centralized exchanges regularly do routine maintenance operations to increase security and transparency. I understand how jittery everybody is these days
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today Binance will momentarily halt bitcoin deposit and withdrawals in order to perform its routine wallet maintenance, Biance will carry out wallet maintenance for the bitcoin network which expected to last for an hour, Although bitcoin trading wont be impacted deposit and withdrawals on bitcoin network.
Nothing to worry about what they did, its just a normal routine for the better of their exchange platform. It will resume immediately one the maintenance is done, and besides even the other exchange platform are doin this thing also to their exchange as well dude.
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I think the Bitcoin withdrawals are now re-enabled. I just came from the website and the warning is no more there. Centralized exchanges regularly do routine maintenance operations to increase security and transparency. I understand how jittery everybody is these days
;D Exactly, I believe that was just another normal routine Maintainance as most exchanges always carry out from time to time but investors will always react to everything because of all the issues that have happened to other exchanges in the past. I guess this is why it will continue to matter that you hold your cryptos outside the exchange.
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Not related FTX case I guess. CZ is fully aware how fast crypto change the tempo from nft and now the possible next big thing is web3 which we all know almost we encounter this thing. The update is of course to upgrade the system and stronger and make it on time to go with the flow. That's why lot of Binance users globally.
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This could be temporarily only and nothing to do with the bearish trend and FTX fallout. Now altcoins are gaining significant traction nowadays as the Bitcoin price continues to trade sideways. Binance coin expected to rise beyond the pivotal resistance very soon reaching to $300.
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today Binance will momentarily halt bitcoin deposit and withdrawals in order to perform its routine wallet maintenance, Biance will carry out wallet maintenance for the bitcoin network which expected to last for an hour, Although bitcoin trading wont be impacted deposit and withdrawals on bitcoin network.
Yeah, I think the exchange such as binance has good policy, after we all see FTX problem.
I personally prefer to hold and wait the progress of crypto market
Believe it, crypto will recover again.
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Yeah, I think the exchange such as binance has good policy, after we all see FTX problem.
I personally prefer to hold and wait the progress of crypto market
Believe it, crypto will recover again.
Yes of course, crypto will recover again despite of dramatic downfall in due time bounce back will happen. For real no other way than to increase after decline took place. Bitcoin is always the first to begin where the crypto should be heading, it would never be the last or the follower. We might be surprise one day BTC hit $50k again.