Binance announces that upgrade is complete, and trading/deposits/withdrawals are back to normal

in binance •  7 years ago  (edited)

upgrade complete.png
Binance exchange announced 3h ago that has resumed trading/deposits/withdrawal activities. as of 10:00 UTC today. according to them here

In addition, as compensation for the downtime, it will offer 70% off from trading fees till 24th of February, as a sign of gratitude for its users.

In a status update, the platform further said it will lower trading fee by 70 percent until Feb. 24 to show its "gratitude" for users' support through the process.

So all should be good soon! All coins are safe, but then again this should be a wake-up call for lot of people, DO NOT LEAVE YOUR COINS ON EXCHANGES!

P.S. They have a DDoS on their cloud server atm, so www.binance.com can be unresponsive atm. Use the us.binance.com instead!

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Best exchange for now, if they fall we doomed :(

Binance is the best exchange. Bittrex is a close second.

It started to smell a bit fishy after all these hours of Binance being down but I'm glad they're back online again.

They are not back on line. People from around the world chiming in that Binance is not working in their countries.

This Binance seems to be overwgemingly powerful, i am intending to understand how it works.

Its a wise choose to keep your coin in your own purse. In any case if you don't have control in private keys, that coin is not belong to you anymore. The safest place on earth to keep your coin is the cold storage.

Binance is the # 1 market in the world, which opened in 2017 and has server BTC, 2000 BTC on hot wallet and 90 BTC on cold wallet. I write my technical analysis on security.
Due to the multi-tiered security structure, this system, which reflects 1 unit of heat server as 5 units, is safe, but this security system in the system reveals the "cluster" problem and can not synchronize. At this moment all of the troublesome binance users are living.
Since the Binance entered the market very quickly, the stability tests will have gone through the pain today. In the morning, I was informed that service maintenance work was being done by BinAng. Then came the problem of database and synchronization.
It was said at 5PM that it will stop, but why did not it end? Of course, they want to write a system that will save us from their problems because binance wants us to provide a complete system.
The systems are protected by amazon web services and are located in japan. All services are active. Support sub-domains, except mail, launchpad, labs are all open and there are many floods to discredit the company and to manipulate the btc price.
Do not get caught up in these $ BTC flavors, it's all right now.
Due to certain problems, problems between the main server and the backup server have brought us to this stage. He's transferring the backup himself.
Since the work has not been completed yet, the servers are not actively serving and the hopes are processed as TIMEOUT, but we provide access to Japan for personal use.
18 hours ago system update said, then even if they update the cookies will be the same difficulty because there is a density arising from the use of excessive framework had to deal with it on the server first
I think they thought they were doing it, and I thought CZ was a database problem and that the copy process would take 10 hours, but the patched systems would not be going to be a bit more patched. Once again the opening date was advanced
The water and air systems are opening and closing one day, but https://launchpad.binance.com/ has the truth. Do not say, say, what will happen to your men will come from here. When I came home formally a clone that was left behind on the whole site,
The MTGOXa event can not be compared with Binance. It was a kind of tremendous shock to the market but it was a kind of work that started as a maintenance upgrade and started cleaning up my problems
This is happening for us in such a better, at least stable condition, and you will be able to enter and cancel all your open orders half an hour before opening.

If you are in the process of trading coins, they could get stuck on the exchanges. So "never leaving them on an exchange" kind of defeats the purpose of investing. I feel that these exchanges need to be more responsible and held accountable for their mismanagement. I had BNB on Binance because it has to be there for the fee discount. I was able to trade BNB to ETH on the mobile app, and I could attempt to withdraw it, but I was stopped by the email verification because the main sight won't load. Lets face it, Binance screwed up.

Idk why everyone was freaking out. Have a little faith people!