Major cryptocurrency exchanges such as Binance, Bittrex, Bitfinex and Coinbase have stopped membership purchases. The reason for this was stated as the inability to meet the demand for cryptocurrencies.. Cryptocurrency exchange, which grew day by day especially in 2017 and people started to tend to it frequently, continues to rise in 2018 as well.. However, some crypto money companies, including Binance, temporarily stopped their membership purchases due to not being able to meet the demands.
Binance, announcing that it has stopped purchasing new memberships, gave the following statements:
Due to the growing popularity of cryptocurrencies, Binance will temporarily disable new user registrations to allow infrastructure upgrade.
Cryptocurrency exchanges seek a solution
The popular company has become a major Bitcoin trading center that is no longer open to serve new customers. Previously, Coinbase, Bitfinex, and Bittrex had temporarily suspended registrations, announcing similar concerns about the continuation of the new workflow.. Such transactions may be perceived as a natural problem for people who are familiar with the subject, but they have caused uneasiness for those who will enter the crypto money market.. On the other hand, some disruptions during coin transfers point to the inadequacy of infrastructures.. The big companies mentioned at the moment are looking for a solution to solve the problems in a short time.
What is Binance?
It is one of the most preferred cryptocurrency exchanges in the world.. Binance, which is frequently preferred by people because it contains all altcoins, also provides convenience in transfers.. Binance is headquartered in Hong Kong and is available in several languages including Japanese, English, Chinese, French, German, Spanish, Korean and Russian.. The ease of use of the Binance interface has increased the popularity of this exchange among Turks.. Binance’s interface has 2 parts, simple and advanced.. On the other hand, the stock market also has an application for use on smartphones.
Although Binance is not the largest cryptocurrency exchange in terms of trading volume, it is one of the most popular systems among people.. This is because all coins can be bought, sold and transferred quickly.. The rapidity of the stock market can also seriously prevent users from being harmed by sudden exchange rate changes.
Let’s see if the infrastructures will be updated and new membership purchases will be started in the coming days. We look forward to it.