Cryptocurrency exchange Binance announced that it has completed the upgrade of the system before the stated period and is preparing for the resumption of trading.

Technical work on Binance started in accordance with the previously established schedule, Wednesday at 05:00 Moscow time and was supposed to last 8 hours.

#Binance System Upgrade Complete

— Binance (@binance) November 14, 2018

Trading will resume at 12:00. Currently, users can cancel a previously placed bids to carry out operations on Deposit/withdrawal of funds and use other functionality of their accounts.

As noted by the CEO of the Binance Changpeng Zhao in his Twitter, the exchange still continues to carry out final testing of the update.

During an interview last week, Zhao said that the Binance business remains profitable, despite the decline in trading volume.

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