Binance announced that tradingTrading
– is an economic term that means the process of independent trade, independent analysis of the market and the conclusion of trade transactions.Details on the stock-exchange resumed. This happened after it was announced that it would take eight hours of downtime to upgrade the platform.
Previously, Binance announced to customers that the exchange would be closed today, and that users should plan for expected downtime, which would mean that transactions, deposits or withdrawals could not be processed during the upgrade, – cryptobit.media wrote about this.
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Completion of the update
It appears that the update was completed two hours ahead of schedule.
Binance CEO Changpeng Zhao comments on the completion of the update, saying: "We can reliably predict the result, but the exact timing of its appearance is very difficult to predict. This update was completed 2 hours earlier. It now remains to wait for the results we all hope for."
Zhao also explained that the update is related to the modernization of the infrastructure of the exchange.
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Binance resumed trading to upgrade the platform after a six-hour downtime. Currently, trading on Binance is resumed, and users can continue to use the exchange as usual.
Editor: Yulia Krasnaya