Crypto Exchanges Face AWS Outage
Major crypto exchanges Binance and KuCoin are dealing with temporary service disruptions. These issues stem from a network glitch in Amazon Web Services (AWS).
Binance, a leading crypto platform, reported a partial outage. The problem is linked to AWS,their cloud service provider. in a recent X update, Binance explained the situation. They noted that some users might face issues with trading orders. The company assured users that the problem is being addressed.
Users may experience partial order execution. Binance stated, “We’re aware of an issue affecting some services due to an AWS data center glitch. This has caused trading hiccups. Some orders might not go through. But don’t worry, yoru funds are safe. The team is collaborating with AWS to resolve it quickly. Withdrawals are on hold to ensure safety. They advised retrying failed transactions.
On Tuesday,Binance faced withdrawal delays. They paused withdrawals to prevent risks. They’re working closely with AWS to fix the glitch. The team is monitoring the situation. They’re restoring services as fast as possible. They’re keeping users updated.
KuCoin also faced similar challenges.They shared updates on X. They’re also dealing with AWS-related issues.
KuCoin reassured users that their assets are safe. They’re working on restoring full functionality. Both exchanges are keeping users informed via X.
For now, traders should expect some delays. patience is key during these technical challenges. Keep an eye on official updates for the latest news.
