BinanceCrypto
Binance outlines phased crypto withdrawals after security incident
Binance has detailed a staged return of crypto withdrawals, starting with selected networks and assets. Deposits remain available, while the exchange says it is covering the losses from the incident.
Withdrawals return in stages
In a 1 November update, Binance scheduled its first phase of withdrawal restoration for 06:00 to 09:00 UTC. The initial list includes Bitcoin, Ethereum, BNB, XRP and selected USDT and USDC transfers across several networks.
The announcement does not mean every asset and network is fully available. Binance said each combination would be restored after security and stability checks, and advised customers to check the withdrawal page for current availability. It also warned that early requests could face processing delays.
Deposits and asset recovery
Binance said deposit services remained open during the withdrawal pause. In its latest recovery update, the exchange reported replenishing approximately 95% of the impacted assets using company resources, compared with 90% in the previous update.
The company said it would absorb the financial impact rather than pass losses to customers. It also said a post-incident report would follow once the investigation was complete.