Post
Topic
Board Service Discussion (Altcoins)
Re: Binance... is this place a scam?
by
ajaymukund
on 02/03/2018, 16:57:00 UTC
A little nervous. Last night I bought 600 shares of IOTA which went up significantly today. I logged back in to move them off the Binance exchange and it is telling me that my withdraws are suspended due to "network congestion." I also have a small balance of ETH that has the same message.


I do not think Binance is a scam. It's a reputable site and it's growing nationally. This shows that Binance is very reputable and is trusted by many. And with the large number of people using their services, network congestion is a normal thing and you need to empathize for them. Every day they have many transactions to deal with, the number can reach millions of transactions.