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
“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.
It's causing some 500 error messages on APIs and affecting some withdrawal processing
– CZ Binance (@cz_binance) August 23, 2019
The head of Binance did not forget to assure the concerned users that the funds are safe, that is, #SAFU.
funds are #safu
– CZ Binance (@cz_binance) August 23, 2019
Primitive Ventures managing partner Dovi Wang said that KuCoin and a number of other trading floors faced similar problems.
Kucoin is affected as well pic.twitter.com/Ke7MRzwa8g
– Dovey Wan ? ? (@DoveyWan) August 23, 2019
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.
or whatever other coin you like to buy / sell at once in a life time price … https://t.co/X2nBRFMboX
– Dovey Wan ? ? (@DoveyWan) August 23, 2019
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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