Binance news

Fellow Binancians, Binance is in contact with Polygon (MATIC) network and is assisting to resolve the situation. Binance will reopen deposits and withdrawals via the Polygon (MATIC) network once we deem its network to be stable.

There will be a temporary delay in withdrawal processing as the backlog is cleared. We expect this to last about 30 minutes .

Well, Binance tweeted that the suspension of withdrawals was due to a large backlog in their database . The support team was working hard to get all the issues solved. Nonetheless, this would lead to an unprecedented amount of messages by the community, some even deleted by now.

Polygon MATIC can be purchased directly on Binance with a credit or debit card . You can also trade other cryptocurrencies for Polygon MATIC on the Binance Exchange.