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Crypto trading was briefly thrown into chaos as Binance and KuCoin faced disruptions tied to a network issue at Amazon Web Services (AWS).

Temporary Suspension of Withdrawals

The trouble began when both exchanges paused withdrawals following a temporary network interruption at AWS. Binance acknowledged the problem in an X post, stating that the issue affected some services on its platform.

We are aware of an issue impacting some services on the #Binance platform due to a temporary network interruption in the AWS data center.
Some orders are still successful, but some are failing. If users failed, they may keep retrying.

Our team is working closely with AWS to…

— Binance (@binance) April 15, 2025

While some orders were still processed, others failed. Binance advised users to retry their transactions if they encountered errors.

Binance Reopens Fast, but Users Still Report Problems

To its credit, Binance reopened withdrawals just over five minutes after the initial issue was reported. However, users on X continued to report trouble placing trades, not only on Binance but on KuCoin as well.

Official Announcement: Services Fully Restored

Dear KuCoin Users,

At 07:00 (UTC) on April 15, 2025, a large-scale network failure of AWS Cloud Services caused a temporary disruption to our platform. All services have now been fully restored and trading operations are… https://t.co/MuqlOwcxjj

— KuCoin (@kucoincom) April 15, 2025

Other Platforms Also Affected

The AWS-related outage didn’t stop with just exchanges. Crypto wallet Rabby and the on-chain analytics tool DeBank also experienced service disruptions. Both platforms confirmed the issues via X.

Due to an AWS service outage, all DeBank services are temporarily unavailable.

Our team is continuously monitoring the situation and will restore the access ASAP. https://t.co/16q0RRxtWa

— DeBank (@DeBankDeFi) April 15, 2025

Why AWS Outages Matter

Amazon Web Services (AWS) is a cloud platform that powers websites, apps, and data infrastructure for thousands of companies. When AWS goes down, the ripple effect hits fast, impacting services across industries—including crypto exchanges that rely on it for uptime and reliability.

What This Means for Traders

Although Binance resumed withdrawals quickly, trading stability is not yet fully restored. This incident highlights the crypto industry’s vulnerability to centralized infrastructure providers like AWS.

For now, users are advised to monitor platform updates and avoid high-risk trades until systems are fully stable.