Binance notified about an issue affecting its Future users as only USD-Margined contracts were impacted.

Nevertheless, the largest crypto exchange quickly outlined that the issue had been solved, and all operations are back to normal.

Binance Futures announced fully resuming trading activity for USD-Margined contracts just minutes after the issue.
According to Binance CEO CZ, the crypto exchange is seeing several issues with Futures UM Rest service/API, which have affected its UI and API.
In a following tweet, the exec noted that Futures CM (COIN-Margined) contracts have not been harmed.

“Systems should all be back to normal now. Some server issues before. Our team migrated off the affected servers. Thank you for your support!”

This isn’t Binance’s first disruption in recent times. In fact, the crypto exchange announced suspending all spot trading on a temporary basis after a matching engine encountered a bug on the trailing stop order in March.
Earlier this month, Binance revealed winding down its Australian derivatives division following its license cancelation by the Australian Securities and Investments Commission (ASIC).
Meanwhile, the latest developments have emerged amid significant FUD against the CZ-led company following the CFTC’s market manipulation allegations.
This was followed by intense Bitcoin outflows from Binance as a result.

The post Binance Futures Users Affected Due to UI and API Issues appeared first on CryptoPotato.

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Filed under: Bitcoin - @ April 10, 2023 8:19 am