Binance has announced a temporary hold on crypto withdrawals due to a technical issue. The company's technical team is currently working to fix the problem as quickly as possible.
However, despite the setback with crypto withdrawals, fiat transactions on the platform remain unaffected and users can execute them as usual. Binance emphasized that all funds are secure (SAFU) during this time.
The company has extended its apologies for the inconvenience caused by the technical glitch and assured its users that they will be kept updated on the progress of the situation. Binance reiterates its commitment to providing secure and seamless services for its users.