Changpeng Zhao warns about withdrawal problems

By August 23, 2019 19:51

CEO Binance Changpeng Zhao - Coinconomist_1

Changpeng Zhao, CEO of the top cryptocurrency exchange Binance, warned of possible interruptions in the withdrawal of funds from the trading platform amid problems with Amazon Web Services (AWS).

“In AWS, the problem is mainly related to caching services, which affects some users around the world. We are working on this and closely monitoring the situation,” said Zhao.

According to him, the problem with AWS leads to an error of 500 and partially affects the processing of requests for withdrawal of funds. At the same time, Zhao assures that thanks to #SAFU, user funds are safe.

It is also worth noting that Dovey Wan, managing partner of Primitive Ventures, said that the KuCoin exchange and a number of other trading platforms faced similar problems.

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By August 23, 2019 19:51