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 crypto spot volume. It has also increased its market share of Bitcoin spot volume to over 90% in recent quarters, thanks to zero commission, according to according to Arcane Research.
More to follow.
We are aware of an issue impacting spot trading on Binance.
All spot trading is currently temporarily suspended as we work to resolve this as soon as
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Crypto giant Binance temporarily suspends spot trading
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