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Binance Wallet and Trust Wallet Hit by Ongoing Display Errors

Key Takeaways

  • ​Binance Wallet users faced balance display issues after the market swings on October 10, with problems still unresolved by October 13;
  • High traffic caused delays in loading wallet data and left some users unable to view balances or manage their crypto assets;
  • Trust Wallet also had similar display issues on October 12, which were reportedly fixed in hours, though some users saw lingering errors.

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Binance Wallet and Trust Wallet Hit by Ongoing Display Errors

Users of Binance Wallet continued to face difficulties viewing their account balances after volatile market conditions on October 10.

The issue, still ongoing as of October 13, affected how some users could access key details within the wallet.

Binance Wallet explained in a post on X that a high volume of activity on the network had caused delays in showing wallet data. This delay caused some information to load more slowly than usual, and the team was working to fix it.

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While Binance Wallet did not confirm whether this problem affected the ability to make transactions, some users reported being unable to manage their assets. One X user shared that they were unable to react to a price drop in BNB BNB $1,194.17 and lost over $130.

On October 12, Trust Wallet, which was originally operated by Binance $18.29B , experienced a similar problem.

Trust Wallet posted on X that some users could not see their balances because of a delay in syncing market data. According to the platform, the problem was fixed within four hours.

However, even after Trust Wallet declared the issue resolved, some users continued to report that their balances were still not correct. This led to confusion about whether the fixes were fully effective.

Recently, Binance addressed user concerns after several tokens on its platform appeared to fall to zero. What did the crypto exchange say? Read the full story.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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