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Topic: Binance has problems with connections with today crash - page 3. (Read 400 times)

hero member
Activity: 1106
Merit: 503
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It's almost the same with every exchange these days, they had like 3 years and most of them knew that there is going to be a bull run sooner or later but still they didn't figure out a way to cope up with the new members flood. Another thing to point out here is that new users are impatient, they want everything in a click and moment which is not a practical thing to do. I would say Binance is still far better than some other exchanges whose downtimes are like in hours.
legendary
Activity: 3374
Merit: 3095
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It's working fine for me using the Binance app I don't know on their web but trading here on the Binance app is fine without a problem submitting orders.
Try to use their app maybe the issue it's just on their web version but on the Binance app, I haven't experienced any issue or delays.

It was recently and they solve the issue after 1 hour according to this tweet here https://twitter.com/binance/status/1383732818862219271
copper member
Activity: 2170
Merit: 1827
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This is now becoming more and more frequent, and is now happening in every sudden market price changes. The major reason could probably be due to a high volume of traders using the platform to execute orders at a certain time.

I observed the same thing in Binance last year when Bitcoin price spiked, and I posted about it here
hero member
Activity: 1484
Merit: 928
Today lots of people hard problem with binance lot's of people think it was there network but it was from binance most people where unable to sell there coins which really affected lots of people must expecially people that are trading in future most people got liquidated because they where not able to sell there coin which lead to liquidation. The last time binance hard this kind of problem was when bitcoin crosses $20k most people short bitcoin on binance and got liquidated they where unable to cancel there trade.
full member
Activity: 1204
Merit: 162
Today, Binance shown that they have technical problems with the market crash. Within 10 to 30 minutes, it was super hard to submit orders and get it successfully loaded on the market orders.

It happened with Binance since the beginning of bitcoin bull run. Honestly I respect the quality and creativity that Binance run their services and some products that create trend in crypto. Today problems recall me the same with Poloniex and Bittrex in 4 years ago bull run.

I hope in this bull run, the market will have another new outstanding exchange.
So it was them having the problems not my internet... I think situation now is much better then 4 years ago. We have couple of big exchanges which showed their trust. Also the more we have the better it is.
hero member
Activity: 1722
Merit: 801
Today, Binance shown that they have technical problems with the market crash. Within 10 to 30 minutes, it was super hard to submit orders and get it successfully loaded on the market orders.

It happened with Binance since the beginning of bitcoin bull run. Honestly I respect the quality and creativity that Binance run their services and some products that create trend in crypto. Today problems recall me the same with Poloniex and Bittrex in 4 years ago bull run.

I hope in this bull run, the market will have another new outstanding exchange.
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