Justin Sullivan
Binance (BNB-USD) said Tuesday that some users had temporarily experienced issues when trying to withdraw their digital tokens from the cryptocurrency exchange, citing a technical error.
The withdrawal issue came just minutes before bitcoin (BTC-USD) touched a new record high for the first time since November 2021, as demand for the token continued to be fueled by excitement over spot bitcoin exchange-traded funds and the April halving event.
“We’re aware of crypto withdrawal issues some users are experiencing due to a technical error,” Binance wrote in an X post at 9:28 a.m. ET, noting customer funds are safe.
At 9:41 a.m. ET, the company said in a follow-up post that “withdrawals are now back to operating as usual.”
On Wednesday, Coinbase Global (COIN), the largest crypto exchange in the U.S., said some users saw a zero balance in their accounts. A day later, the company said it resolved the issue.
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