Significant Alert from Binance: Discovering the Reasons Behind the Temporary Interruption of Certain Services This Week
Binance Schedules Wallet Maintenance for USDC Withdrawals on August 6, 2025
Binance, the leading cryptocurrency exchange, has announced a scheduled maintenance for USDC withdrawals on several networks. The maintenance is set to take place on August 6, 2025, starting at 07:00 UTC.
During this maintenance, withdrawals of USDC via the Ethereum (ETH), Polygon (POL), Arbitrum (ARB), Base (BASE), and Optimism (OP) networks will be temporarily halted. The maintenance is expected to last up to 2 hours, but no specific duration has been provided.
Binance assures that the trading of tokens on these networks will not be impacted during the maintenance. Once the maintenance is complete and the networks are deemed stable, USDC withdrawals will resume. No further announcements are planned regarding this maintenance.
The maintenance is part of routine infrastructure upgrades aimed at enhancing wallet performance and network stability on Binance.
Recently, Binance introduced Binance Wallet (Web), a platform designed for users who want to trade smart, fast, and securely without leaving their desktops. The wallet supports BNB Smart Chain and Solana networks and is equipped with Secure Auto Sign (SAS) for seamless trading without repeated confirmations.
Binance Wallet (Web) is also home to Discount Buy, a product included in Binance's Earn portfolio. Discount Buy lets users lock in future buys at pre-set prices under market value or collect a fixed APR if the trade isn't carried out.
Jeff Li, VP of Product at Binance, stated that Discount Buy is well-suited for users who anticipate limited price fluctuations and want to accumulate crypto at a discount without needing to time the market or monitor prices closely.
Binance encourages users to stay tuned for updates and to ensure their accounts are secure during this maintenance period. Users can instantly connect their account to Binance Wallet (Web) via QR code, with no additional setup required.
For new account registrations, Binance offers an exclusive $600 welcome offer (limited time offer for our website readers). The company regularly conducts such operations to enhance the overall user experience and ensure the seamless operation of its services.
[1] Binance Announces Wallet Maintenance for USDC Withdrawals on Multiple Networks [2] Binance Wallet (Web) Offers Seamless Trading Experience with Secure Auto Sign [3] Binance Introduces Discount Buy for Advanced Crypto Purchases in Markets with Lower Volatility
- Binance traders should be aware that the maintenance for USDC withdrawals on networks like Ethereum, Polygon, Arbitrum, Base, and Optimism is scheduled for August 6, 2025, and during this time, those withdrawals will be temporarily suspended.
- For a smoother trading experience on Binance, users may find the Binance Wallet (Web) beneficial, as it supports BNB Smart Chain and Solana networks and is equipped with Secure Auto Sign for convenient trading.
- Binance users interested in advanced crypto purchases, particularly in markets with lower volatility, can utilize the Discount Buy product within Binance's Earn portfolio, which allows them to lock in future buys at pre-set prices under market value or collect a fixed APR if the trade isn't carried out.
