Changpeng Zhao Warned of Binance Withdrawal Disruptions

The head of the largest trading volume of the Binance exchange warned of possible interruptions in the withdrawal of funds from the trading platform amid problems with Amazon Web Services (AWS).

According to Zhao, the AWS issue leads to a 500 error and partially affects the processing of withdrawal requests.

The head of Binance did not forget to assure the concerned users that the funds are safe, that is, #SAFU.

Primitive Ventures managing partner Dovi Wang said that KuCoin and a number of other trading floors faced similar problems.

She added that “price instability” is observed on many Asian exchanges – due to failures there is a chance to buy bitcoin very cheaply through a limit order.

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