You may see an error saying that your withdrawals are suspended due to risk management . This error indicates that you selected to make a deposit to your Binance.US account, but when our payment provider attempted to pull the funds from your bank account, they were unable to retrieve the funds.
Read moreDoes Binance have polygon network?
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.
Read moreHow long is a Binance withdrawal suspended?
There will be a temporary delay in withdrawal processing as the backlog is cleared. We expect this to last about 30 minutes .
Read moreWhy is Binance withdrawal suspended?
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.
Read moreCan I buy Polygon Matic on Binance?
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.
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