Binance plans to reopen Bitcoin withdrawal services within an hour

ChainCatcher news, Binance tweeted: "We are resolving the pending BTC withdrawal transactions with higher fees so that the mining pools can accept them. Our goal is to reopen Bitcoin withdrawal services within the next hour."

Earlier reports indicated that Binance tweeted at 11 PM last night stating that due to congestion in the Bitcoin network, they temporarily suspended BTC withdrawal services. Two hours later, the BTC withdrawal services were reopened. This morning around 9 AM, they tweeted again announcing that due to a large number of pending transactions, they are once again suspending BTC withdrawals. (source link)