Binance CEO Changpeng Zhao has announced that the crypto exchange plans to resume deposits and withdrawal services on Tuesday.

He wrote in a brief update:

Our team is making progress and has been working through the weekend. In the past few days, we have made some significant overhauls to our system, with a large number of advanced security features added and/or completely re-architected. We will share details on some of the changes later.

We aim to fully resume deposits and withdrawals on Tuesday. The time will be communicated at a later stage, depending on how the testing goes. This upgrade will require a trading halt. We will update you again tomorrow.

Currently, all withdrawal and deposit actions are marked “Suspend” and cannot be carried out on the exchange. However, at least one user has said on social media that they were able to send deposits to the address by way of previously identified addresses.