Many social media users seem to be waiting for other crypto exchanges, including Coinbase and Kraken, to follow in Binance's and Celsius' footsteps by suspending withdrawals.
Major crypto exchange Binance has announced that it had resumed Bitcoin withdrawals after more than three hours amid extreme market volatility. In an update during what many are calling cryptocurrency’s "Black Monday," Binance said on its website the exchange would be processing Bitcoin (BTC) network withdrawals within “the next couple of hours” following the resumption of activity.