Cryptocurrency exchange Binance temporarily halted trading on its USD-margined (UM) futures platform on 29 Aug 2025 after detecting a technical issue
Cryptocurrency exchange Binance temporarily halted trading on its USD-margined (UM) futures platform on 29 Aug 2025 after detecting a technical issue. The stoppage began around 14:18 UTC+8 and affected all futures instruments, including contract transfers.
Binance said its engineers worked to identify and fix the fault and that futures trading was restored at approximately 14:36 UTC+8. The company promised further updates but did not immediately disclose the root cause or indicate whether client positions or balances were impacted.
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