Binance Temporarily Suspends ETH Token Withdrawals Amid ATH transactions for Binance Smart Chain(BSC)

Posted on February 19, 2021
In Altcoin News, Binance Chain, BNBBKRW, BNBBTC, BNBBUSD, BNBETH, BNBEUR, BNBIDRT, BNBNGN, BNBPAX, BNBRUB, BNBTRX, BNBTRY, BNBTUSD, BNBUSD, BNBUSDC, BNBUSDT, BNBUSDTPERP, BNBZAR, ERC-20, Eth, ETHAUD, ETHBKRW, ETHBRL, ethbtc, ETHBUSD, ETHDAI, ETHEOSDT, ETHEUR, ETHGBP, ETHHUSD, ETHJPY, ETHKRW, ETHMXN, ETHPAX, ETHRUB, ETHTRX, ETHTRY, ethusd, ETHUSDC, ETHUSDT, ETHUST, ETHZAR, News

Binance has temporarily suspended Ethereum and ERC-20 withdrawals citing a network congestion issue behind the decision. Ethereum network has been reeling with scalability and rising gas fee issues despite its market price reaching new all-time-highs. The scalability issues have made most of the defi protocols nearly non-usable owing to the rising gas fee and network

The post Binance Temporarily Suspends ETH Token Withdrawals Amid ATH transactions for Binance Smart Chain(BSC) appeared first on Coingape.

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