AWS Service Outage Forces Binance to Suspend Withdrawals

Binance, the world's largest cryptocurrency exchange by trading volume, has temporarily suspended withdrawals after an outage in the network affected its cloud service provider.

On April 15, Binance warned users on X that a "temporary network outage at the [Amazon Web Services] data center" had impacted some services on the platform.

The exchange noted that while some requests are still being processed, others are failing, and users experiencing issues were advised to "try again."

Several Binance users began complaining about the suspension of withdrawal options across networks such as Ethereum, Solana, Polygon, and Arbitrum. Red notifications and gray fields appeared on the app interface, indicating that withdrawal services were not functioning properly even before the official update.

Shortly after the initial update, Binance followed up with another post announcing that it had suspended withdrawals "to ensure safety," as engineers worked with AWS to resolve the issue.

This raised concerns across the platform, as users posted screenshots showing pending withdrawal options for multiple chains, including Ethereum, Solana, Polygon, and Arbitrum.

About an hour after the first post, Binance confirmed that services "have begun to recover and resume operations."