Binance to Temporarily Suspend Tron Deposits and Withdrawals in 3 Days

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Yuri Molchan

Binance has announced that it plans to con­duct Tron wal­let maintenance

Dis­claimer: The opin­ion expressed here is not invest­ment advice – it is pro­vid­ed for infor­ma­tion­al pur­pos­es only. It does not nec­es­sar­i­ly reflect the opin­ion of U.Today. Every invest­ment and all trad­ing involves risk, so you should always per­form your own research pri­or to mak­ing deci­sions. We do not rec­om­mend invest­ing mon­ey you can­not afford to lose.

The world’s biggest cryp­to trad­ing venue, Binance, has stat­ed in a recent blog post that it intends to car­ry out main­te­nance for Tron wal­let start­ing on June 23.

The tweet in which the link to the post was shared does not spec­i­fy when the main­te­nance will end, but it warns that all deposits and with­drawals will be sus­pend­ed until the end of it.

The blog post, how­ev­er, clar­i­fies that the main­te­nance pro­ce­dure will last one hour. Dur­ing that time, Tron trad­ing oper­a­tions will con­tin­ue. Binance does not plan to make any fur­ther announce­ments regard­ing the start of the tech­ni­cal pro­ce­dure or the end of it.

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A week ago, Binance also sud­den­ly sus­pend­ed deposits and with­drawals of Bit­coin, stat­ing that the issue was caused by a stuck on-chain trans­ac­tion. Ear­li­er on that day—June 13—Bitcoin’s price sud­den­ly col­lapsed to a low of $23,964, which now seems like a pret­ty high lev­el as, at the time of this writ­ing, BTC is trad­ing at $20,554 after it had slight­ly recov­ered from drop­ping to the $19,259 level.



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