Binance pauses bitcoin withdrawals, citing large volumes

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Binance pauses bitcoin withdrawals, citing large volumes
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Cryptocurrency exchange Binance halted bitcoin withdrawals on Monday for the second time in a day, citing large volumes.

"Our team is currently working on a fix and will reopen withdrawals as soon as possible," the company said in a tweet. It said withdrawals were closed temporarily "due to the large volume of pending transactions."In March, Binance, the world's largest crypto exchange

deposits and withdrawals citing tech issues. Bitcoin was down about 1% to $28,191, its lowest in nearly a week.

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