Cryptocurrency Q&A
Why can't I sell SOL on Binance?
Why can't I sell SOL on Binance?
Claudio
Sun Jun 02 2024
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6 answers
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I've been trying to sell SOL on Binance, but I'm encountering some difficulties. Could you help me understand why I'm unable to do so? I've checked my account balance and SOL is indeed present, but when I attempt to list it for sale, the system won't allow me to proceed. Is there a specific requirement or step that I'm missing? Could it be a technical issue with the platform? Or is there a temporary restriction on SOL trading that I'm unaware of? I'd appreciate any insight you could provide to help me resolve this issue.
6 answers
Ilaria
Tue Jun 04 2024
This temporary halt in withdrawals is attributed to the significant surge in transaction volume on the network.
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GeishaMelodious
Tue Jun 04 2024
The increased popularity and usage of Solana, a high-performance blockchain, has led to a marked rise in the number of transactions being processed.
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JejuJoyfulHeartSoulMate
Tue Jun 04 2024
This elevated transaction volume has exceeded the network's current capacity, resulting in delays and suspensions in withdrawals.
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alexander_smith_musician
Tue Jun 04 2024
Since 2024-03-04, withdrawals on the Solana (SOL) network have experienced intermittent suspensions.
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CryptoAlly
Tue Jun 04 2024
Users of the SOL network are advised to exercise patience during this period and monitor official announcements for updates on the status of withdrawals.
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