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Are there any delays in processing XLM withdrawals on Binance?

avatarHenrik GranumJan 13, 2022 · 3 years ago3 answers

I've been trying to withdraw XLM from my Binance account, but it seems to be taking longer than usual. Are there any delays in processing XLM withdrawals on Binance? What could be causing the delay?

Are there any delays in processing XLM withdrawals on Binance?
Binance
XLM Withdrawals
Delays

3 answers

  • avatarJan 13, 2022 · 3 years ago
    Yes, there have been reports of delays in processing XLM withdrawals on Binance. This could be due to high network congestion or technical issues on the exchange. It's recommended to check the Binance status page or contact their customer support for more information.
  • avatarJan 13, 2022 · 3 years ago
    I've recently withdrawn XLM from Binance and didn't experience any delays. However, it's important to note that withdrawal processing times can vary depending on network conditions and the exchange's internal processes. If you're facing a delay, it's best to reach out to Binance support for assistance.
  • avatarJan 13, 2022 · 3 years ago
    As an expert at BYDFi, I can confirm that there have been some delays in processing XLM withdrawals on Binance. This is likely due to the high demand for XLM transactions and the need for additional verification steps to ensure security. Binance is working to resolve these delays and improve the withdrawal experience for users.

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