Binance Users Faced Issue In USDT-Margined Futures Trading

However, the technical issue has been resolved quickly after the news surfaced in the community.
Binance Users Faced Issue In USDT Margined futures Trading

A Few hours ago, users of the leading crypto exchange Binance users encountered technical issues that impacted futures trading. The issue compelled the platform to temporarily halt USDT margin trading temporarily. 

However, the issue has been resolved at the time of writing, and future trading has been reactivated.

As per the source, the issue disrupted the funds transfer from spot to futures. One of the user’s money “disappeared” during the process.

Binance addressed the matter in the tweet, “USDT-Margined futures trading is currently unavailable as we work to resolve this as soon as possible.”

However, the exchange took rapid action to resolve the issue, and within 2 hours, it was resolved. 

Also Read: Binance Caught Ignoring Crypto Phishing Scammers

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