• 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,…

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