Binance resolve issues impacting futures traders

2 years ago

Binance futures users experienced issues trading connected the level during the aboriginal hours of April 10.

The issues appeared to person been resolved, and trading resumed astatine the clip of writing.

CEO Changpeng ‘CZ’ Zhao said the exchange’s futures UM Rest service/API had issues that affected its idiosyncratic interface (UI) and API. He added that this lone impacted USD-Margined contracts.

CZ aboriginal revealed that services had resumed aft the speech migrated disconnected immoderate affected servers.

“Some server issues before. Our squad migrated disconnected the affected servers.”

The exchange’s authoritative Twitter grip corroborated CZ’s statement.

Binance’s presumption leafage showed that each its systems operated optimally arsenic of property time.

Binance struggles

The CZ-led speech has travel nether accrued scrutiny pursuing caller events successful the industry,

On March 27, the Commodities Futures Trading Commission (CFTC) filed an enforcement action against Binance. At the time, the speech said the charges were “unexpected” and promised to cooperate with the regulator.

The speech temporarily suspended deposits and withdrawals from its Binance Smart Chain (BSC) web connected March 30, citing node issues.

Meanwhile, rumors emerged that Interpol issued a reddish alert announcement for CZ connected April 3. CZ said this FUD was apt planted and sponsored by a rival exchange.

The station Binance resoluteness issues impacting futures traders appeared archetypal connected CryptoSlate.

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