Binance has temporarily suspended Spot tradingprobably because issue Impact on the matching engine.
According to another update on binance official twitter account, issue It seems to be related to a glitch in Trailing stop order.
CEO of Binance Changpeng Zhao (CZ) claims that the exchange is working resolve the problem as quickly as possible with appreciate recovery time of 30-120 minutes. In the meantime, deposits and withdrawals have been paused.
CZ has assured its users that their money is SAFU and that they will provide more updates as the situation develops.
This is the developing story. Good update It is also soon As we get it more information.