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Binance Resumes Bitcoin Withdrawals Following Temporary Closure Due to Congestion Issues

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By Blockchain Daily

Binance, the world’s largest cryptocurrency exchange, has announced the resumption of Bitcoin withdrawals following a temporary halt due to congestion issues.

The exchange, which had suspended withdrawals of the world’s biggest cryptocurrency for over an hour, has not disclosed any further details on the matter.

This is not the first time that Binance has faced technical issues with its platform. In March, the exchange had suspended deposits and withdrawals, as well as spot trading, due to technical difficulties. Despite these setbacks, Binance continues to dominate the cryptocurrency market, accounting for a significant share of daily trading volume.

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