What’s Going On With Binance and Dogecoin?

binance and dogecoin
Binance and Dogecoin : Working hard to reopen withdrawals

Dogecoin price on board is way up 9.2 percent, back above 21 cents. looking for a continuation and really getting a lot of momentum after tagging that level of support at 19 cents.

Looking very bullish for continuation, sitting at $29 billion market cap and one point seven billion in volume.

Cryptocurrency exchange Binance is stopping withdrawals of Dogecoin for almost 17 days straight and then basically was very quiet on their part. Now they fixed and then back up and running. So, what’s going on with Binance and Dogecoin?

What happened between Binance and Dogecoin

Binance was just ringing us along for almost 17 days straight, but now we finally have the update that we’ve all been waiting for and it has been resolved. So shouts of Binance for getting this done.

Cryptocurrency exchange Binance has fully open withdrawals of Dogecoin after a technical glitch spurred a heated back and forth between Elon Musk and cryptocurrency exchange Binance CEO, Changpeng Zhao. It’s very interesting how Elon Musk got the limelight right now. It was only because of Elon Musk that everything got his fire every single day.

So traders were unable to withdraw Dogecoin for more than two weeks because of problems related to a network upgrade. The world’s biggest crypto exchange said the glitch was an unlikely and unfortunate coincidence and not quite shady like circumstances that had some suggestion from Elon Musk.

Binance reopens Dogecoin withdrawals after Elon Musk’s spat with the CEO

Tesla founder Elon Musk had delivered a stinging rebuke to the Binance CEO Twitter after the cryptocurrency exchange limited withdrawals and meme digital currency Dogecoin.

Musk tweeted on Tuesday. Binance CEO responded, saying “Appreciate it. I over reacted a bit due to the word “shady”. The KYC part is tedious, and we can’t service US users. You could try Binance.US though. Still a tedious sign up process, but have #Doge. We are working with their team to fix the issue ASAP.
But once again, we are finally getting this behind us getting Binance and Dogecoin problem solved.
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