Two major cryptocurrency exchanges, Binance and KuCoin, have alerted users about temporary service disruptions that may result in partial execution of trading orders.
Binance — one of the world’s leading crypto exchanges — announced that it had temporarily suspended withdrawals due to technical issues related to its cloud service provider. In a post on X (formerly Twitter) on Tuesday, Binance stated: “We are aware of an issue affecting some services on the Binance platform due to a temporary network interruption at an Amazon Web Services (AWS) data center.”
The exchange clarified that not all users were affected — the disruption appears to impact only a portion of trading activity. “Some orders are still being processed successfully, while others are failing. If users experience a failed order, they may try resubmitting it,” Binance noted.
Although the exact nature of the outage was not disclosed, Binance said its technical team is working closely with AWS to resolve the issue. To minimize risk during the disruption, the exchange made the decision to suspend withdrawals “for safety reasons.”
It remains unclear how many users were impacted. As of the latest update, Binance confirmed that “all services are beginning to recover and resume,” and that withdrawals “have also been reopened.”
“We will continue to monitor the situation to ensure all operations run smoothly. Thank you for your patience and understanding,” Binance said.
KuCoin, another major crypto exchange, also posted on X, reporting similar disruptions due to the same AWS network issue. In a notice to users, KuCoin stated: “Due to a large-scale network outage with AWS services, our platform is currently experiencing temporary disruptions.” The exchange reassured users that their assets “remain safe and all data is intact,” and added that its technical team is actively working on a fix.
