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Crypto Prune > Exchange > Binance rants in XRP withdrawal halt report amid community concerns
Exchange

Binance rants in XRP withdrawal halt report amid community concerns

6 months ago 2 Min Read

Users have recently sparked concerns across the community with reports of a temporary suspension in XRP’s withdrawal on Binance. However, Binance denied the claim and confirmed that the XRP drawer was working properly.

The confusion began when several X community members reported that XRP (XRP) withdrawals had been suspended in Binance.

Read the widely distributed post, “Ripple’s network is stopped at this point, so the withdrawal is being handled.”

You might like it too: XRP prices stall with Ripple Inc’s $3500 billion asset manager

The false report quickly gained traction, reflecting past incidents such as a temporary suspension of XRP withdrawals reported in late 2024 due to increased price fluctuations. At the time, many members of the community expressed frustration and questioned the reliability of the platform during periods of intense market activity.

But then Binance has made the situation clear. An exchange spokesperson told crypto.news that the latest report was false and claimed that the platform had no service halt.

“The XRP drawers are working fine without any confusion,” a Binance spokesperson said.

Reporting this nature often causes panic between users and the community. The investor raised his key, not your key, not your key, not your key, not your key, not your key, not your key, not your key, not your key, not your key, not your key, not your key, not your key.

Binance clarification provides assurance to the user base and the broader community. For now, XRP withdrawals remained actively and active during the time of vinance, with no confusion that has not been officially recognized or recorded.

See also  crypto.com joins the yield payment network Lynq as a launch partner

read more: Binance suspends USDC deposit support and withdrawal via Tron

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