Binance Hit by AWS Outage, Services Now Recovering

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The crypto exchange confirmed that some services were impacted. Certain trades and orders failed, while others went through.

“We are aware of an issue impacting some services on the Binance platform due to a temporary network interruption in the AWS data center,” Binance shared on social media. “Some orders are still successful, but some are failing. If users failed, they may keep retrying.”

Binance Restores Services After AWS Outage Shakes Things Up

To play it safe, Binance temporarily suspended its withdrawal service, urging users to stay patient as they worked closely with AWS to fix the issue. But the clouds finally started to part. After several hours, Binance announced that services were gradually coming back online.

“All services are starting to recover and resume. Withdrawals have also reopened,” the company reported. “Please note that some services might experience delays while the system fully recovers.” They added that the team would continue monitoring the platform to make sure everything runs smoothly.

For users, the incident was a reminder that even the biggest players in the game can hit a rough patch—especially when they depend on third-party infrastructure like AWS. Still, Binance was quick on the draw when it came to transparency and communication, keeping users in the loop throughout the ordeal.

More About Binance

Binance made several key announcements this week. First, it confirmed support for the Syscoin (SYS) network upgrade and hard fork, ensuring a smooth transition for users holding SYS.

In addition, Binance expanded its VIP Loan offerings by adding two new loanable assets: BANANAS31 and MUBARAK, giving users more flexibility. Lastly, Binance P2P rolled out an upgrade to its ‘P2P Hot Token Converter’ feature, aiming to improve the user experience and streamline token conversions on the platform.

Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers, and their risk tolerance may be different from yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.

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