Binance Suspends EOS Withdrawals

The EOS ICO has not yet finished, but Binance has jumped the gun ahead of the MainNet launch and suspended EOS Withdrawals. So if you’ve been leaving it to the last minute to get your EOS Tokens out, you’ve missed the boat.

You can see by the message in the following screenshot that their explanation is that :-

Deposits and withdrawals for EOS will be suspended during the mainnet swap and will open again once we deem the mainnet to be stable.

I am one of those idiots who didn’t get all of my EOS Tokens out so I guess I am stuck there for now. Some would say that is a risk to trust a centralised exchange, while others might suggest it is safer there in case you’ve stuffed up your registration or there is any early hack or issues with the MainNet. I’m not too concerned either way, but I am surprised they have suspended Deposits and Withdrawals so early. Maybe I didn't get the memo....

Hopefully others won’t be caught out and hopefully there won’t be any frustrated investors selling EOS because they can’t get their tokens off. It’s going to be an interesting weekend that is for sure.

EDIT : Looks like Withdrawals are back up and just Deposits are suspended now.