As we all know Binance has been down for more than the initial estimated 12 hours informed by them via Twitter. They have been going through some database issues and the data recovery is the main reason for the delay.
The have informed us about their process of recovery. Latest ETA for 3 different methods of data recovery:
Method 1: ETA 1-2 hours from now.
Method 2: ETA 5 hours from now.
Method 3: 9 hours from now.
Method 3 was the original method, but was too slow. Will keep updates more frequent as time becomes closer.
Binance also suffered from a DDoS attack. System will be coming online soon. If you have issues access binance.com , please try us.binance.com or kr.binance.com
They have announced a 70% off the trading fees till 00:00 UTC on Feb 24 2018.
This is awesome news for intense traders
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