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Wednesday, January 22, 2025
More
    bitcoin
    Bitcoin (BTC) $ 103,796.81
    ethereum
    Ethereum (ETH) $ 3,248.56
    tether
    Tether (USDT) $ 0.999974
    bnb
    BNB (BNB) $ 695.32
    usd-coin
    USDC (USDC) $ 1.00
    xrp
    XRP (XRP) $ 3.18
    binance-usd
    BUSD (BUSD) $ 0.989032
    dogecoin
    Dogecoin (DOGE) $ 0.358255
    cardano
    Cardano (ADA) $ 0.988484
    solana
    Solana (SOL) $ 265.29
    matic-network
    Polygon (MATIC) $ 0.444014
    polkadot
    Polkadot (DOT) $ 6.47
    tron
    TRON (TRX) $ 0.255155
    HomeFinanceBinance's Double Bitcoin Withdrawal Pause Causes Charges to Rise

    Binance’s Double Bitcoin Withdrawal Pause Causes Charges to Rise

    • The community is experiencing site visitors jams.
    • Binance has suspended community withdrawals.
    • The crypto trade has elevated charges for pending transactions.

    Bitcoin community congestion led Binance to droop Bitcoin withdrawals twice in only a few hours. Within the newest case, the crypto trade was pressured to extend charges for pending transactions.

    Binance pressured to lift charges

    On Monday, Might 8, Binance revealed that it had suspended Bitcoin withdrawals for the second time in lower than 24 hours, once more citing Bitcoin’s community congestion.

    https://twitter.com/binance/standing/1655402071435411457?t=132MkvCSjhYak59F_r7vFg&s=19 Binance revealed in a follow-up tweet that it was pressured to impose increased charges on pending withdrawal transactions to higher compete for block house and have transactions verified by miners.

    https://twitter.com/binance/standing/1655409304151941122?t=lRXJSZq8q4vtz5JM6qahyQ&s=19 The most important crypto trade had suspended Bitcoin withdrawals about 10 hours earlier than,…

    Proceed studying on DailyCoin

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