Binance Halts Withdrawals After Major Outage Disrupts Services
On April 15, 2025, Binance, one of the world's largest cryptocurrency exchanges, experienced a temporary disruption in its services due to a network interruption at an Amazon Web Services (AWS) data center.
The issue affected users’ ability to execute trades and process withdrawals on the platform.
Binance promptly acknowledged the problem on its official X (formerly Twitter) account, stating:
“We are aware of an issue impacting some services on the #Binance platform due to a temporary network interruption in the AWS data center. Some orders are still successful, but some are failing. If users failed, they may keep retrying.
To keep safe we suspend the withdraw service.
Our team is working closely with AWS to resolve this as quickly as possible.
Further updates will be shared soon. Thank you for your patience.”
As a precautionary measure, Binance temporarily suspended withdrawal services to ensure user safety. The company emphasized that while some orders were processed successfully, others failed, and users were advised to retry their transactions.
Shortly after, Binance provided an update indicating that services were beginning to recover:
“All services are starting to recover and resume. Withdrawals have also reopened. Please note that some services might experience delays while the system fully recovers.”
The incident underscores the reliance of major cryptocurrency platforms on cloud infrastructure providers like AWS and highlights the potential impact of such outages on digital asset trading and transactions.
Binance assured its users that their funds remained secure throughout the disruption and that the team would continue to monitor the situation to ensure all operations return to normal.
For the latest updates, users are encouraged to follow Binance’s official channels.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over 8 years of experience covering the crypto, blockchain and fintech industries, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics.
