Crypto Status
One crypto exchange is running slow.
Exchange incidents cluster around volatility, which is precisely when being unable to act is most costly. Order books, deposits, withdrawals, and the retail app are separate systems, and load lands on them unevenly: derivatives and order placement degrade first under a price move, while balances and spot markets often continue working.
Deposits and withdrawals deserve separate attention because they are frequently suspended on purpose, per blockchain network, during congestion or a wallet upgrade. A suspension is a deliberate operational decision rather than an outage, but from a user's point of view the funds are equally stuck, so it is worth checking the exchange's own announcements as well as any status verdict.
Self-custody wallets fail differently again. They hold no funds themselves and depend on RPC providers to read the chain, so an outage means balances will not load or transactions will not broadcast while the assets remain untouched on-chain.
- up
- slow
- down
- no reading
Common questions about crypto exchanges
Usually degraded rather than down. Volatility drives order volume far above normal, and exchanges shed load by slowing or rejecting order placement while balances and market data keep working. It typically resolves as volume falls, and it is the most common reason an exchange feels broken.
Check whether the exchange has suspended that specific network, which is common during congestion or a wallet upgrade and is usually announced separately from any incident. A suspension is intentional and time-boxed. If withdrawals are open and your transaction has an on-chain hash, it has left the exchange and is a network confirmation issue rather than an exchange one.
Almost certainly not. Self-custody wallets read balances through RPC providers, so when that connection fails the display is empty while your assets remain on-chain and untouched. Checking the same address in a block explorer will confirm the funds are there, and switching RPC endpoint often restores the display.