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Changpeng Zhao has warned of interruptions in the withdrawal of funds from Binance

The head of the largest trading volume of the Binance exchange warned of possible interruptions in the withdrawal of funds from the trading platform amid problems with Amazon Web Services (AWS). AWS is having an issue, mostly with caching services, affecting some users globally. We are working with them and monitoring the situation closely. – CZ Binance (@cz_binance) August 23, 2019 […]

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The head of the largest trading volume of the Binance exchange warned of possible interruptions in the withdrawal of funds from the trading platform amid problems with Amazon Web Services (AWS).

“AWS has a problem, mainly related to caching services, affecting some users around the world. We are working on it and are closely monitoring the situation ”

According to Zhao, the AWS issue leads to a 500 error and partially affects the processing of withdrawal requests.

The head of Binance did not forget to assure the concerned users that the funds are safe, that is, #SAFU.

Primitive Ventures managing partner Dovi Wang said that KuCoin and a number of other trading floors faced similar problems.

She added that “price instability” is observed on many Asian exchanges – due to failures there is a chance to buy bitcoin very cheaply through a limit order.

Earlier, BlockchainJournal reported that Binance added support for OCO (One Cancel The Other) orders and the possibility of margin trading through the Android application.

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