Cryptocurrency exchange Binance announced unscheduled maintenance. BTC/USD resumed the decline, though it is still trading within the range. One of the largest cryptocurrency exchanges, Binance, suddenly went offline and spooked spot traders. The platform users reported on Twitter that they could not access their accounts and perform basic actions with their orders. The company confirmed the technical issues and explained that the platform had gone for temporary maintenance. Binance is undergoing temporary system maintenance. Binance has suspended deposits, withdrawals, spot trading, margin trading, P2P trading, lending, redemption, as well as asset transfers from sub-accounts, margin accounts, futures accounts, and fiat wallets. Notably, the issues affected only spot trading, while Binance Futures continued operating as usual. The CEO of the exchange Canhpeng Zhao (CZ) also commented on the downtime on Twitter, saying that the issues were related to message broker, while customers’funds were not affected. System issue, not funds related. Funds are #SAFU. While his transparency and readiness to keep the community updated are often cheered by the platform users, this time CZ received quite a lot of negative comments. People were disappointed by frequent technical issues as this is the second unscheduled maintenance in less than a month. BTC/USD under pressure Meanwhile, BTC/USD retreated from $8,823 to $8,750 following the announcement. Despite the sell-off, the cryptocurrency is still moving within the recent channel with the lower boundary at $8,700, reinforced by SMA100 1-hour. If the downside pressure gains traction, a strong move below this barrier will expose the next support of $8,600. On the upside, the short-term recovery is limited by $8,850 with SMA200 1-hour and the intraday high located just below this level. A sustainable move above this area will open up the way to $9,000. BTC/USD 1-hour chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next China: 2020 growth forecast cut further on Covid-19 – ABN Amro FX Street 3 years Cryptocurrency exchange Binance announced unscheduled maintenance. BTC/USD resumed the decline, though it is still trading within the range. One of the largest cryptocurrency exchanges, Binance, suddenly went offline and spooked spot traders. The platform users reported on Twitter that they could not access their accounts and perform basic actions with their orders. The company confirmed the technical issues and explained that the platform had gone for temporary maintenance. Binance is undergoing temporary system maintenance. Binance has suspended deposits, withdrawals, spot trading, margin trading, P2P trading, lending, redemption, as well as asset transfers from sub-accounts, margin accounts, futures accounts, and fiat… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.