Giant Crypto Exchange Binance Will Be Under Maintenance
The giant crypto exchange
Binance will be under maintenance. The maintenance of the exchange will start tomorrow morning.
Binance, the world's leading crypto currency exchange, announced that it will be under maintenance. Improvements to be made in maintenance, which will start tomorrow morning, include overall system performance and stability improvements.
The giant crypto currency exchange Binance gave the following information about the maintenance that will take place tomorrow:
“Binance will perform a scheduled maintenance as of 9 am November 30, 2020. Maintenance will take approximately 1 hour. Please note that Binance Futures and Options trading will continue throughout the maintenance period.”
During the upgrade, Binance will suspend deposits, withdrawals, spot and margin trading, P2P trading, OTC Portal trading, savings and redemption, as well as asset transfers from sub-accounts, margin accounts, futures accounts and fiat wallets.
Binance users will have a 30-minute window to cancel orders after maintenance is over, make deposits, withdrawals, and use all other account-related functions before continuing with trading.
What Should Users Do and Pay Attention To?
Binance has warned its users about maintenance:
“Users with open Futures or Collateral positions are recommended to reassess their collateral balances before maintenance commences to reduce price fluctuations that may occur during the maintenance period. Binance will suspend all asset transfers, deposits and withdrawals 10 minutes before system maintenance begins. Please make sure you allow sufficient time for any transfers, deposits or withdrawals prior to this period. The 1 hour maintenance time is based on our best estimates and is subject to change. As always, we will communicate regularly on the progress of the upgrade across our various social media channels.”
This article has kriptoparahaber.com contribution.