IOTA withdrawals from Binance suspended

The users are complaining about not being able to withdraw IOTA from Binance exchange for a long time and the IOTA cryptocurrency is falling down in price
15 December 2017   5778

Binance cryptocurrency exchange has announced launching IOTA coin on the platform 3 months ago having listed IOTA/BTC and IOTA/ETH trading pairs. Currently the users of Binance are facing issues with withdrawals of IOTA, and most of them have not been able to withdraw the money for several weeks after sending the request.

Binance support users comments towards IOTA withdrawalsUsers' comments towards the problem with IOTA withdrawals on Binance Support

The users who wrote to Binance Support, received the following reply:

IOTA has currently suspended transactions due to a bug in their system.
We have received word from them that they are working on it to fix the issue, but we are still waiting for confirmation from them with regards to when they will resume transaction operations. We appreciate your patience and understanding, and as always, thank you for your continued patronage.

The Binance Support Team 
Support 1023

Meanwhile, the price of IOTA has started to fall down, presumably due to the problems with money withdrawals. The coin decreased 0,46% within past hour, 1,03% within past 24 hours and eventually 7,95% within past 7 days.

IOTA ChartsIOTA Charts

At the moment of press, these are main market parameters of IOTA:

  • Average price: $3,88
  • Marketcap: $10 772 569 927
  • 24h volume: $694 015 000

IoT Conference to Take Place in Berlin

Bosch ConnectedWorld is the fifth Internet of Things annual conference which will take place on February 21-22, 2018 at STATION-Berlin
16 February 2018   45

Bosch ConnectedWorld is an annual event that celebrates the Internet of Things. Presented by the Bosch Group, the fifth annual conference takes place February 21-22, 2018 at STATION-Berlin.

The conference will host more than 140 speakers on four stages presenting IoT trends and implementations in front of more than 3,500 conference and hackathon participants.

Bosch Connected world conferenceBosch Connected World Conference

Location: STATION-Berlin, Luckenwalder Str. 4-6, 10963 Berlin, Germany
Dates: February 21 – 22, 2018

Through inspiring keynotes, three session tracks, a huge IoT exhibition, a Meet Up stage, a hackathon, and a lot networking opportunities, all the attendees will learn how the Bosch ConnectedWorld experience, and especially IoT, is truly remarkable.

The Headline speakers include Dr. Volkmar Denner, CEO of Bosch; Dr. Dieter Zetsche, Head of Mercedes-Benz Cars; Dr. Frank Appel, CEO of Deutsche Post DHL; Dirk Slama, Chief Alliance Officer of Bosch Software Innovations, and many more.

Moreover, the attendees will be able to experience the latest in Internet of Things (IoT) first hand with over 10,000 square meters of exhibition space, and check showcases from over 80 partners and discover how IoT solutions can bring new business models and revenue channels to life.