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Binance Reopens Selected Withdrawals on Arbitrum and TRON

The update brings the number of networks with some restored withdrawal access to nine. Binance plans to resume more asset and network routes in stages.

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Two small gates stand open among a row of metal channels / TokenPost.ai
Two small gates stand open among a row of metal channels / TokenPost.ai

Binance said Sunday it had reopened selected withdrawals on Arbitrum and TRON, extending access to nine networks as the exchange continues a phased recovery after a security incident.

The newly reopened routes cover Arbitrum (ARB), Ether (ETH), Tether (USDT) and USD Coin (USDC) on the Arbitrum network, plus TRON (TRX) and USDT on the TRON network.

The nine networks with some withdrawals restored are Bitcoin, Ethereum, BNB Smart Chain, XRP, Base, Dogecoin, Optimism, Arbitrum and TRON. The count refers to networks with at least one restored withdrawal route, not every asset on those networks.

Binance's phase-one announcement listed 15 networks, while Bitcoin was the first withdrawal route to reopen. The exchange later restored selected withdrawals on Ethereum and BNB Smart Chain, before adding Arbitrum and TRON. Binance plans to restore access for more assets and networks in stages.

Simon Yoon

Reporter

Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

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