FTX Clarifies Difficulty In Bitcoin Transactions Amid FTX-Binance War

Crypto exchange FTX’s founder Sam-Bankman Fried earlier ensured users that deposits and withdrawals are working fine, clarifying rumors surrounding illiquidity. As users faced difficulty removing their Bitcoin holdings from the crypto exchange, FTX revealed that the matching engine is working smoothly. Moreover, Bitcoin (BTC) withdrawals are facing difficulty due to limited throughput on nodes. Stablecoins redemptions will be affected until banks open.