Binance Has Resumed Trading Following An Error In Trailing Stop Order Suspension

Key Points:

• Binance has confirmed that the issue that was affecting the spot trading function has been fixed and that the exchange will resume normal operations shortly.
• Users will be able to perform everything and everything linked to their accounts, including cancel orders, process deposits, carry out peer-to-peer transactions, lend, redeem, and transfer assets. 

Binance has announced that it has completed the interim system maintenance that it had been doing and that it will resume all trading operations at 22:00.

Binance recently performed temporary system maintenance, and it has been reported that all trading activity will resume on March 24, 2023 at 22:00 (Beijing time). Users will be able to cancel orders, process deposits, execute P2P transactions, and perform lending, redemption, asset transfers, and any other account-related services once trading resumes. 

It is vital to note that withdrawals will restart immediately after the start of spot trading. Trailing stop orders, on the other hand, are temporarily halted until further notice. As a result, all existing trailing stop orders have expired automatically. It’s fantastic that Binance is working hard to keep its platform up to current and functional for its users, and the company’s efforts to maintain a high level of service are much appreciated.

Binance always encouraging for users to know that a platform on which they rely is taking the necessary steps to ensure service levels are maintained. Binance’s temporary system maintenance in this circumstance is a proactive action that will ultimately improve users’ trading experience. Binance ensures that customers can continue to trade without interruptions or delays by temporarily suspending trailing stop orders. 

The resumption of withdrawals immediately after spot trading begins is also a big comfort for consumers since it assures that they may get their money promptly. Overall, The platform’s news about the end of temporary system maintenance is a great development that its customers should welcome.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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