Binance solves problems that affect futures traders

Binance CEO Changpeng ‘CZ’ Zhao said the exchange’s futures UM Rest service/API had issues that affected its user interface (UI) and API.

In the early hours of April 10, traders using Binance’s futures platform encountered difficulties.

At the time of writing, trading had resumed and the issues appeared to have been resolved.

Chief Changpeng ‘CZ’ Zhao said the trade’s prospects UM Rest administration/Programming interface had issues that impacted its UI (UI) and Programming interface. He added that only USD-Margined contracts were affected by this.

CZ later uncovered that administrations had continued after the trade moved off a few impacted servers.

“Some server issues before. Our team migrated off the affected servers.”

CZ’s assertion was supported by the official Twitter handle for the exchange.

As of the time this article was written, all of Binance’s systems were operating at peak efficiency.

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Binance struggles

he CZ-drove trade has gone under expanded examination following ongoing occasions in the business,

On Walk 27, the Wares Prospects Exchanging Commission (CFTC) recorded an implementation activity against Binance. The exchange stated at the time that the charges were “unexpected” and pledged to work with the regulator.

The trade briefly suspended stores and withdrawals from its Binance Brilliant Chain (BSC) network on Walk 30, refering to hub issues.

In the meantime, there were rumors that CZ would receive a red alert notice from Interpol on April 3. According to CZ, a rival exchange most likely planted and funded this FUD.

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Tags: binance, futures traders, problems