Quick answer: Binance withdrawals resume in phases on Nov. 1, 2026. Phase one runs from 06:00 to 09:00 UTC on 15 networks, including BTC, ETH, BNB, SOL and XRP. Binance says about 95% of the roughly $6.3 billion stolen is now covered, and deposits stayed open throughout.
Binance withdrawals resume today, three days after one of the largest hacks in crypto history froze the exchange. The reopening comes in phases, so not every coin or network is open yet, and that detail matters before you hit the withdraw button.
When do Binance withdrawals resume?
Binance published “Recovery Update #4” on X at about 04:11 UTC on Sunday, Nov. 1, 2026. It said withdrawals would restart in stages, with phase one running from 06:00 to 09:00 UTC that same day.
Deposits were never closed. The exchange warned that some users may still see delays or failed withdrawals during the rollout and should simply retry. Live network status is shown on the withdrawal page and on Binance’s network status page.
Which networks reopen as Binance withdrawals resume?
Binance picked the first group based on what users asked for most over the past week. Phase one covers 15 networks and assets:
- BTC, ETH, BNB, TRX and SOL
- XRP, ZEC, DOGE and TON
- POL, AVAX, ARB, BASE, OP and SUI
TokenPost and ChainCatcher reported the same list. Other networks will follow in later phases, but Binance has not yet given dates for them.
How much of the stolen crypto is covered now?
Binance says coverage has climbed to about 95%, up from 90% in its Oct. 31 update. Earlier posts on Nov. 1 said it had already covered about $6 billion of the impacted amount.
The last 5% is made up of less liquid tokens outside the top ten. Binance says it is buying them through market and over-the-counter (OTC) channels. Ten assets are fully backed: BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD and ZEC. Users can check balances against the exchange’s Proof of Reserves page.
Binance also repeated that it will absorb the losses itself, not pass them to users. A full post-incident report is promised once the investigation ends.
Who was behind the Binance hack?
The FBI has tied the theft to North Korea’s TraderTraitor group, as we covered in our report on the North Korea link. The attack began on the evening of Oct. 29 (UTC). Binance’s first response was to freeze $2.54 billion, and researchers have since looked at the role of EIP-7702 in the exploit.
Rumors are still spreading. On Nov. 1, Binance co-founder Changpeng Zhao said on X that viral screenshots claiming someone “predicted” the hack are fake.
What does this mean for the crypto market?
Prices were steady as the reopening approached. At about 04:53 UTC on Nov. 1, CoinGecko showed BNB at $704.89 (+0.56% in 24 hours), Bitcoin at $77,747 (+0.86%) and Ether at $2,266.44 (+1.30%).
A phased restart lowers the risk of a sudden rush for the exit. Even so, traders will watch two things closely:
- Net outflows. Large withdrawals in the first hours would show how much trust has been lost. Steady flows would support Binance’s recovery story.
- The remaining 5%. Buying less liquid tokens on the open market could briefly push up their prices.
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Binance Withdrawals FAQ
Can I withdraw every coin from Binance now?
No. Phase one only covers 15 networks, including BTC, ETH, BNB, SOL and XRP. Other networks open in later phases.
Why did my Binance withdrawal fail?
Binance says delays and failures are possible during the phased restart. Check the network status page and try again later.
Were Binance user funds lost in the hack?
Binance says it will absorb the losses and that about 95% of the stolen assets are already replaced, with ten major assets fully backed.
Are deposits on Binance open?
Yes. Binance says deposits stayed open throughout the incident.
Sources
- Binance on X: Recovery Update #4
- Binance on X: Security Incident Update #3
- TokenPost: Binance resumes withdrawals in phases
- TokenPost: Binance recovery update
- ChainCatcher: Binance phase one withdrawal networks
- Changpeng Zhao on X: fake hack screenshots
- Binance Proof of Reserves
- CoinGecko: BNB price data
Not financial advice. Crypto is volatile; always do your own research (DYOR) before trading.
