Can't withdraw SBD/steem from exchange. What's happening?

in #exchange6 years ago (edited)

@jerrybanfield: is it your project of an inside steem exchange what makes it impossible to withdraw SBD/Steem from other exchanges like Hitbtc and Polienex?

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Denied to withdraw

I have been buying Sbd/Steem last two days on Hitbtc and Polienex with the purpose to build up my steempower. Buying at both exchanges was no problem. At the moment I wanted to withdraw I was denied. See both screen shots for the reasons why:

Hitbtc

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Polienex

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Binance

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Does anybody know what's happening??

First I bought SBD and Steem at Hitbtc. At moment of withdrawing I got the notification there was a technical maintenance. As soon as I logged in at Polienex and went to Steem I saw almost the same problem. It was temporarely disabled.

Other exchanges

Via coinmarketcap you can find other exchanges to buy SBD/Steem. So I will look further if the same problems will occur on the other exchanges. At the moment I'm beginning to doubt if there is a problem at Steemit. So if anybody knows what is happening, please let me (and others Steemians) know in the comment of this post!

Resteem or upvote. Appreciated!
I would appreciate it if you Resteem or upvote this message so we get a quick answer soon.

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This post has received a 1.99 % upvote, thanks to: @futuredigicoin.

You got a 3.17% upvote from @bid4joy courtesy of @futuredigicoin!

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hi roy. this is just bad luck / coincidental
to have 2 exchanges having the steem wallet in temporsrily disablement.

what is going on?

exchanges are running their own dedicated wallets to receive client funds. the more coins they have available for trading, the more blockchains and their nodes / wallets they must actively support and maintain. if for example a node gets stuck or maybe even their internal script handling all deposits and withdrawal requests you will see they “disable” the feature.

now they need to fix whatever is wrong in their end and i know that with poloniex this stuff always takes a while. for hitbtc i have no knowledge.

what you can do is see if you made profit, sell the steem again, buy some ltc or something and send it to binance or bittrex to buy steem overthere (first check if they are not also on maintenance :D)

in short: when a wallet on an exchange is in “maintenance” or “temporarily disabled” it has nothing to do with the steem blockchain in 99.5 % of the cases but is just waiting for developer attention from the exchange’s developer team.

hapoy steeming!

Thanks for your reply @roelandp. I'll check if Binance has any issues.

YOu cant withdraw steem on binance, and it dont have sbd there yet.

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