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Binance Reopens Withdrawals in Phases as BNB Holds Near $707

The first reopening covers 15 currencies across 15 networks, with each route subject to security and stability checks.

Mentioned assets
One access lane opens beside a row of closed security gates / TokenPost.ai
One access lane opens beside a row of closed security gates / TokenPost.ai

Binance began restoring withdrawals during a 1-to-4 a.m. EST window (06:00-09:00 UTC) Sunday, Nov. 1, with Bitcoin first, as BNB traded near $707 after a hack.

The opening batch covers 15 currencies across 15 networks. Bitcoin (BTC) withdrawals were the first confirmed live route; the listed networks also include Ethereum, Solana, BNB Smart Chain, Tron, XRP Ledger, Zcash, Dogecoin, TON, Polygon, Avalanche C-Chain, Arbitrum, Base, Optimism and Sui.

Binance is restoring access route by route after security and stability checks. The exchange warned that heavy demand could cause temporary delays or longer processing times, and customers can check the withdrawal page for availability by asset and network.

Binance said it had replaced about 95% of the assets affected by the hack, compared with 90% in its previous update. Lower liquidity was slowing purchases of the remaining assets; the exchange said it would absorb the financial losses from the breach.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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