Binance Temporarily Suspends Spot Trading | Crypto Craft

  • Binance Temporarily Suspends Spot Trading

    From coindesk.com

    Crypto exchange Binance suspended spot trading amid an issue on the world's most-used trading platform for cryptocurrencies. "We are aware of an issue impacting spot trading on Binance," Binance tweeted. "All spot trading is currently temporarily suspended as we work to resolve this as soon as possible." tweet Binance CEO Changpeng Zhao said in a follow-up tweet that the issue is expected to be resolved in the coming hours and that the trading pause was a safety measure. "Initial analysis indicates matching engine encountered a bug on a trailing stop order (a weird one). Recovering. Est 30-120 min ish," Zhao ... (full story)

Added at 6:49am

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Goat
Mar 24, 2023 3:05pm
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I have to conclude that Binance's customers are mostly criminals, because who in their right mind would trade with a broker who's CEO is tweeting about a "bug on a trailing stop order (a weird one)" bringing the platform down?
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