2018-7-4 16:29 |
Binance has now resumed services after it announced the suspension of all trading and withdrawals Wednesday, July 3.
The temporary suspension was due to an alert over “irregular” Syscoin (SYS) trades “from a number of API users.” Binance subsequently chose to suspend trading, withdrawals and other account functions, as well as to take a series of further measures in order to protect its users.
Binance trading data indicates that at one point, SYS prices on the platform hit a staggering 96 BTC (around $640,000): Binance SYS/BTC Chart.
The exchange also says it has rolled back all the irregular trades, and offers anyone who was negatively affected by trading during the rising SYS prices a zero-free trading regime from July 5 through July 14.
All other Binance users will be given a 70-percent rebate on trading fees throughout the same period, paid out in the platform’s native token, Binance Coin (BNB).
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