The Binance cryptocurrency #exchange suspended the withdrawal of XRP (XRP) during the pump of the digital asset rate issued by Ripple.
On November 16, customers who tried to send $XRP
received a message that this service was temporarily down. The coin transfer function was disabled due to technical problems, and the XRP withdrawal option became available again after the problems were fixed.
this asset. The price of the cryptocurrency began to pump on November 15 at 11:00 Moscow time, and on Saturday at 18:00 its value reached its maximum value since November 2021 at $ 1.26.
During the bullish rally, the trading volume of XRP increased significantly, which could cause problems or activation of the security system, which disabled the function of sending coins, suspecting something was wrong.
Judging by the time of publication of the Binance user's message and the response to it by a representative of the exchange's technical support, it can be assumed that the clients of the trading platform could not withdraw XRP within one to two hours. However, despite the quick resolution of the problem, Binance was hit by a wave of criticism, and some owners of digital assets once again reminded everyone of the superiority of cold hardware crypto wallets compared to hot custodial crypto storages, which can be turned off at any moment.
