Most traders got their hand over SafeMoon before it was trending top 10 on Twitter via Trust Wallet. After the coin was listed on Bitmart, millions of traders worldwide deposited their coin from other exchanges into Bitmart to get into SafeMoon trading.
With the surge of SafeMoon over 150% in few hours, every trader wants to buy a few coins and get into trading SafeMoon
What went wrong? Why Bitmart USDT Deposit are stuck?
😣We are currently suffering USDT-TRC20 deposit delays. Our 💻development team is working on this and the issues will be resolved soon. We apologize for any inconvenience. Please be patient and keep an eye on our announcements for further updates.💚 pic.twitter.com/MGEROlRLiO
— BitMart.Exchange (@BitMartExchange) April 19, 2021
Since USDT is a stable coin and the transfer of these coins takes less than a few minutes and low transaction fees, it’s common for traders to use this currency to make transactions on other exchanges. With the heavy load of transactions taking place on Bitmart, the system was suffering few delays.
News From Telegram [ Via Admin ]
Why Binance BNB Withdraws are suspended?
#BNB withdrawals are temporarily suspended due to a large volume increase causing a withdrawal backlog.
Rest assured our team is working on it.
We apologize for any inconvenience caused and thank you for your patience.
— Binance (@binance) April 20, 2021
This is one of the methods to get Safemoon, which is via Binance Smart Chain. More than thousands of traders are trying to switch from Binance to Bitmart because it is the only exchanges for trading SafeMoon
Your Deposit is Stuck on Bitmart, What Should you do now?
According to the Bitmart Developers, It might take more than 12-16 hours to solve this problem. On the official group of Bitmart, various users are complaining regarding their waiting time for more than 16 hours.
If You really want to get into trading of SafeMoon, your other option would be to deposit other Alt Coin like Bitcoin Cash or ETH into Bitmart Deposit.