Binance, the largest ‘crypto’ platform, acknowledges “problems” and suspends its operations

Deposits and withdrawals on the exchange are currently not possible.

Binance, the world’s largest cryptocurrency platform, has suspended all spot trading, the company reported on Friday.

The platform has communicated on Twitter that “we are aware of an issue affecting spot trading on Binance. Currently, all spot trading is temporarily suspended while we work to resolve this as soon as possible.”

For his part, the CEO, Changpeng Zhao, has stressed that the platform experienced an error that, according to him, will be resolved in about a couple of hours.