Binance recently reported an issue affecting only USD-Margined contracts used by its Future users.
The crypto exchange, however, quickly resolved this issue, ensuring that all operations are now back to normal.
- Binance Futures started trading for USD-Margined contracts shortly after the problem was solved.
- Binance CEO CZ confirmed that Futures UM Rest service/API is encountering several issues affecting its UI and API.
- In a related tweet, the executive pointed out that CM (COIN-Margined) contracts were not impacted.
“Systems should all be back to normal now. Some server issues before. Our team migrated off the affected servers. Thank you for your support!”
- Binance suffered a matching engine bug in March, leading to the suspension of all spot trading temporarily.
- The crypto exchange also confirmed the winding down of its Australian derivatives division earlier this month after ASIC canceled its license.
- These recent events have occurred amidst rumors about the CZ-led company following allegations of market manipulation by CFTC, causing intense Bitcoin outflows from Binance.
