Cryptocurrency exchange Binance has resumed withdrawals on its platform after technical issues affected spot trading, the company said in a tweet.
Binance suspended deposits and withdrawals earlier on Friday due to a “bug on a trailing stop order,” Chief Executive Changpeng Zhao said in a tweet, adding that the pause in deposits and withdrawals was a standard operating procedure.
Bitcoin , the world’s largest cryptocurrency was down 1.14% at $28,021. It hit a nine-month high on Monday.
“These kinds of bugs could happen everywhere, and crypto exchanges are not unique,” Volkov said.