Deposits and Withdrawals on Binance via the Algorand (ALGO) Network Temporarily Paused
2022-03-11 03:05
Fellow Binancians,
On 2022-03-08, the node on the Algorand (ALGO) network was slow in capturing the latest block on-chain. As a result, deposits and withdrawals on Binance via the Algorand (ALGO) network have been temporarily paused. Binance is working hard to resolve the situation.
On 2022-03-08, the node on the Algorand (ALGO) network was slow in capturing the latest block on-chain. As a result, deposits and withdrawals on Binance via the Algorand (ALGO) network have been temporarily paused. Binance is working hard to resolve the situation.
Binance will reopen deposits and withdrawals via the Algorand (ALGO) network once we deem the node to be stable, and we will not notify users in a further announcement.
We apologize for any inconvenience.
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. You are advised that Binance is not responsible for your trading losses.
Thanks for your support!
Binance Team
2022-03-11
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Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.