Binance suspended their decentralised Binance Bridge from BEP20 to ERC20

Question

Binance suspended their decentralised Binance Bridge from BEP20 to ERC20

today with virtually no notice. Perhaps this is part of the issue, it could be creating backlogs. Does anyone know if this has happened before? I don't have to rely on a system that can't give me margin cash when I need it.

#blockchain #cryptocurrency #english #kava

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22.11.2021

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CryptoDaz (Darren) · Accepted Answer

The BUSD Deputy wallet has a maximum of 3m BUSD and over time this falls and requires a top-up which appears to be a manual process, I thin this is the second time this month where there has been a delay One woprkaround for smaller amounts would be to swap for a native Kavachain asset suchg as Kava on KavaSwap then send it to an exchange such as Binance where you trade back to BUSD, not ideal but an option where you don't want to wait or take a risk of an interchain failure resulting in a 48 hour wait and only have relatively smaller amounts to move, this wouldn't work well for large amounts due to slippage and swap fees

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Binance suspended their decentralised Binance Bridge from BEP20 to ERC20

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