The Binance exchange, due to its growing popularity and very low transaction costs, has an increase of more than 20,000 new users daily. This led to technical difficulties.
“Due to the overwhelming increase in popularity, Binance is forced to temporarily suspend new user registrations in order to upgrade its infrastructure,” Binance writes in its Twitter
Likely an exchange whose engine can handle up to 1.5 million orders per second, was simply not ready for such a rapid growth in the number of users.
Binance opened trading on July 15, 2017 and by the end of December of the same year, its servers served more than three million accounts.
According to https://twitter.com
You May Also Like
Coincheck comes back to life
Nearly nine months after the largest hack in the history of the crypto industry, Coincheck has opened new user registrations and resumed trading on a limited basis.
Binance Creates a Common Market for Stable Coins
The largest cryptocurrency platform Binance announced the creation of a new platform - a single market for stablecoins. Company representatives have not disclosed any details regarding the new market, but we do know that USDT will be part of this platform.
