There has been chaos among the users of Binance exchange as the trading and withdrawals are suspended by the exchange. They stated that "due to increasing number of users and trading volume, their system needs to upgrade", they also denied of being hacked. If they have already planned this maintenance work, then why they did not informed the users in advance ? 10-12 hours outage is too much and prior notification was required. Binance is one of largest exchange and such poor service is not expected from them. They also need to upgrade their technical team to avoid such incidents in future.
http://bitcoinist.com/crypto-exchange-binance-goes-dark-12-hour-outage-maintenance-system-upgrades/I have few alt-coins on binance, i hope everything is fine and nothing has been lost.
12 hours update is far and that could be alerting for us people who have balance on that site but I will still think postive on it since binance team is active on telegram and frequently answering on peoples question regarding on their system maintenance. I really hope that they will come back soon and can able to trade again since binance is one of my priority site to trade on since I like their interface and their withdrawal/deposit accuracy.