Binance to Temporarily Halt Deposits and Withdrawals for One Hour on September 22

Binance will temporarily suspend all deposits and withdrawals across its platform from 3 PM KST on September 22 for about an hour. Spot and futures token trading will continue as normal. The company announced in a formal notice that infrastructure wallet system upgrades will begin at the specified time, with the process expected to take approximately one hour. During this period, all deposit and withdrawal functions across the platform will be restricted, though trading activities remain unaffected.

The suspension applies broadly to the entire Binance platform without limitation to specific assets or networks. The company clarified that it is not halting trading functionality but restricting asset movement features connected to wallet infrastructure. Binance stated it will resume deposits and withdrawals once system stability is confirmed, with the exact recovery time depending on upgrade progress. No separate announcement will be made upon service restoration.

Users are advised to distinguish between trading functions and deposit/withdrawal capabilities during the maintenance window. While orders can still be placed, sending assets to external wallets or transferring funds into Binance may be restricted. The company previously announced a separate system upgrade scheduled for 3 AM KST on September 22, which could cause temporary issues with login, registration, two-factor authentication, and deposit/transfer functions but will not affect spot and futures trading.

Both announcements are distinct in scope and timing, though both occur on September 22. The wallet system upgrade begins at 3 PM KST, while the other maintenance starts at 3 AM KST. Binance emphasized that this is a separate operation from previous notices regarding account-related issues during the same date's scheduled upgrades.