Binance, the leading crypto asset trading platform, announced the reopening of Dogecoin withdrawals. The issue had recently flared up when SpaceX and Tesla CEO Elon Musk called CZ on Twitter.
Binance published a blog post about how the issue developed and how they were aware of it. In the post, it was emphasized that neither Binance nor Dogecoin developers were responsible for the problem, and that such problems can happen to any platform.
The platform noted that they are working with the main developers of Dogecoin to diagnose, fix and prevent recurrence of problems. On Saturday, November 27, DOGE stated that the withdrawal processes were reactivated, but they carried out the test silently to make sure there were no problems. blog post “We are pleased to announce that from today withdrawals are fully open again”
It ended with statements.
Latest Status in Dogecoin
Musk’s favorite crypto asset, Dogecoin, continues to trade within a certain range after the fall brought on by concerns about the new coronavirus variant. Dogecoin has lost 10% in the last 7 days and gained 2% in the last 24 hours. DOGE is trading at $0.20 at the time of publication.