Recently, Binance’s CEO made statements about LUNA and angered investors. Today, a bug on the Binance platform caused the leveraged trading tab in USDT to crash.
Users flocked to Binance’s Twitter account after the problems experienced. Authorities quickly made a statement.
Leveraged transactions crashed
Binance, one of the world’s most popular and largest crypto exchange applications, has had problems with leveraged transactions made over USDT in the past few minutes. Users reported that they could not operate.
Making a statement on the subject, Binance officials announced that they are aware of the problem and that the problem will be fixed in a short time. Authorities also stated that leveraged transactions made on USDT are suspended as of now.
Update:
Users announced that the issue has now been resolved and pending transfers have started to be processed.