Binance, the world’s largest crypto exchange, said Friday it has temporarily suspended all spot trading on its platform as it works to resolve an issue.
The exchange did not identify the nature of the issue. Binance commands over 60% of all spot volume trading and has increased the spot volume of Bitcoin trading to over 90% in recent quarters after waiving off fee, according to Arcane Research.
More to follow.
Crypto giant Binance temporarily suspends spot trading by Manish Singh originally published on TechCrunch