Binance Wallet has experienced a network outage that has stopped users from viewing their normal balance.
By Godfrey Benjamin
Editor Julia Sakovich
Updated
2 mins read
Leading cryptocurrency exchange Binance has faced congestion in its network, with many customers impacted by the outage. Binance Wallet confirmed on X that it is possible that some users may experience some difficulties in viewing interactive event information. This is due to a temporary system lag caused by network congestion.
Wu Blockchain noted that Binance Wallet has reported a temporary lag in its service due to an outage in its network. This has affected the ability of some users to view event data interactions. Most of these users have their accounts displaying zero balance currently. Interestingly, the web version has also failed to display account balances.
As of 10:10 UTC, the fund balances on the app have returned to normal.
— Wu Blockchain (@WuBlockchain) October 13, 2025
A follow-up post from Changpeng Zhao, Binance founder, suggests that their system may only be going through a season of maintenance.
“Blockchains don’t stop, but websites need maintenance once in a while,” CZ said, adding that Binancians can “use the alternative @BNBChain block explorer” during this time.
The team has stated that no customer’s fund was affected by the temporary outage, nor was the core function or security of the Binance platform. It was only a challenge that had to do with display, and on this premise, engineers are actively working to restore real-time updates.
Wu Blockchain later announced that the fund balances on the app have now returned to normal. Users who have refreshed their interfaces are likely to have seen the changes.
Ordinarily, the expectation would be that the price of tokens in the ecosystem would be impacted negatively by this news. However, BNB seems to have leveraged on the incident to stage a comeback from the brief crypto market downtrend caused by Donald Trump’s social media warning of a US-China trade war.
According to CoinMarketCap data, BNB price is pegged at $1,297.40, corresponding with a 3.78% spike over the last 24 hours.
Earlier, on Oct. 13, Coinspeaker reported that the digital currency had recorded a 15% increase in price. At the time, it reclaimed the crucial $1,300 level before slightly declining to its current level. The price at the time of this writing is a confirmation that BNB has recovered fully from the tariff talks.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Benjamin Godfrey is a blockchain enthusiast and journalist who relishes writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desire to educate people about cryptocurrencies inspires his contributions to renowned blockchain media and sites.
