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Cryptocurrency exchange Binance has announced that Ethereum and ETC20 withdrawals have been temporarily suspended due to network congestion.
Binancenin Twitter from account some transactions have been suspended an explanation was made.
In the statement, “Ethereum and ERC20 withdrawals have been temporarily disabled due to network congestion. Thank you for your patience and we apologize for the inconvenience.” the expression was used.
On the other hand, users have been reported to be having trouble accessing the crypto currency exchange Coinbase.
It was claimed that Coinbase was unable to give some quotes in cryptocurrencies due to the density of transactions.
Cryptocurrencies fell dramatically after local financial institutions and Chinese payment systems were banned from serving cryptocurrencies.