Binance Targets Full Withdrawal Restoration by End of Next Week

Binance says it will reopen withdrawals for every remaining listed token and restored network by the end of next week. That timeline, stated by the exchange itself, would close out a recovery process that started after a security incident in late October 2026. Deposits never stopped. Withdrawals have been the bottleneck.

The numbers around the reopening are already large. On November 1, Binance recorded roughly $3.64 billion in net outflows across 15 networks, according to figures the exchange disclosed. That total came from $4.649 billion in withdrawals against $1.01 billion in deposits. It was the first clear read on user sentiment after access returned.

How the phased reopening works

Binance has not flipped one big switch. It has restored withdrawals network by network, one asset-pair at a time, since November 1.

In announcements on November 5 and 6, the exchange said it had reopened withdrawals for more than 62 tokens. Those span major networks including Ethereum and BNB Smart Chain, with the batch starting at 04:00 UTC on November 5. Some assets came back earlier.

The ordering was not random. Binance said it prioritized tokens based on user demand from the previous week, which put ETH, USDT and USDC near the front of the line. That demand-based sequencing carries a market consequence. Liquidity in the biggest assets returned to Binance earlier than in smaller tokens, so traders holding less popular assets have waited longer to move their money.

What has Binance actually covered?

The exchange has reportedly replenished approximately 95% of the assets affected by the incident, drawing on its own reserves. That included the Secure Asset Fund for Users, known as SAFU, the emergency insurance fund Binance has maintained for years.

The 95% figure cuts two ways. Most affected assets have been covered. But it also implies a gap remains, and the exchange has not spelled out publicly which assets or amounts sit inside that gap.

Alongside the phased reopenings, Binance has updated its Proof of Reserves and published asset snapshots. Proof of Reserves is a disclosure designed to show that an exchange holds enough assets to cover customer balances in full. Users and outside observers will likely scrutinize those updated figures closely, since the incident tested exactly what those disclosures exist to guarantee.

What does this change for customers?

For Binance customers, the practical question is simple: when can I move my funds? The answer is the end-of-next-week target for all remaining tokens. Until then, access depends on which network-asset pair a user holds and where it sits in the queue.

One operational choice stands out. Binance kept deposits open throughout the entire downtime. Assets kept flowing in while the exchange worked through the outbound side. That decision preserved inbound liquidity but left depositors exposed to the withdrawal freeze, a trade-off customers now understand better than they did a month ago.

The exchange has committed to regular updates on the recovery and on which assets are available. Watch the announcements for the next batch of restored networks, and for fresh Proof of Reserves data, before the end-of-next-week deadline arrives.