Binance withdrawals 2026: phase one reopens on 15 networks after the $6.3 billion hack
Binance withdrawals are back: what you can take out
Binance scheduled the first phase of withdrawals for 06:00 to 09:00 UTC on 1 November 2026, covering 15 networks, and says it has now covered about 95% of the amount taken in the 29 October theft. Other networks and tokens have no date yet.
Piece published Reviewed by CryptoGuardz Register Desk, editorial desk
Binance started to reopen withdrawals on 1 November 2026, three days after the 29 October theft. Its fourth recovery update scheduled the first phase for 06:00 to 09:00 UTC on 15 networks and said the exchange has covered about 95% of the amount taken. Every other network and token is still waiting, with no date given.
crypto.news reported on 1 November that Bitcoin withdrawals were live, citing a post on X by Binance founder Changpeng Zhao. Binance says it aims to restore withdrawals progressively as it completes security and readiness checks, and no source seen for this brief confirms that every phase one network is already processing.
What the document says
The update gives the recovery figure in one line:
Binance has now covered approximately 95% of the impacted amount, up from 90% in our prior update.
The 15 networks in phase one are Bitcoin, Ethereum, BNB Smart Chain, Tron, Solana, XRP, Zcash, Dogecoin, TON, Polygon, Avalanche C-Chain, Arbitrum, Base, Optimism and Sui. Not every token on those networks is included. On Tron, for example, only TRX and USDT are listed, and on Base only ETH and USDC. Binance says it picked assets by user demand over the past week and will add more networks and assets once they are ready, with updates on its X account.
Binance says the remaining 5% is in tokens outside its top ten, which are less liquid and take longer to source. It lists BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD and ZEC as fully backed. The update also says:
Deposit services remain open and are not affected by the incident.
What it changes for users
A user holding one of the listed assets can try a withdrawal on the listed network. Binance warns of delays and longer processing during the first rollout, says a failed withdrawal can be retried after a short wait, and points users to the withdrawal page and its network status page to see what is open.
A user holding a token outside the list, or holding a listed token on a network that is not listed, cannot withdraw it yet. No date has been given for the next phase.
The backing claim is Binance's own. Its third update, on 31 October, said a proof of reserves snapshot was taken at 00:00 UTC that day and that the full zero-knowledge proof takes about 40 to 50 hours to generate, with completion estimated for 3 November. Until that proof is out, the 95% figure and the "fully backed" list cannot be checked independently.
Binance says it will publish a post-incident report once its investigation is complete. None had been published when this brief was written.
Background
Binance says about $6.3 billion was taken on 29 October and that it set aside more than $6.34 billion of company funds to cover the losses. The on-chain trace of the theft shows how one Ethereum transaction emptied a hot wallet. On 31 October the FBI attributed the attack to TraderTraitor, a North Korean state-sponsored group, according to TheStreet's report of the FBI alert. The FBI page was not reachable for this brief: not verified directly. Binance's licences, terms and history are on its register entry.
Quick answers
Can I withdraw from Binance now?
Partly. Binance scheduled phase one for 1 November 2026 on 15 networks and selected tokens. Other networks and tokens have no reopening date yet.
How much of the stolen amount has Binance covered?
Binance says about 95%, up from 90% on 31 October and about 80% before that. The figure is the company's own and is not yet independently verified.
Who was behind the Binance hack?
According to TheStreet's report of an FBI alert dated 31 October 2026, the FBI attributed it to the North Korean group TraderTraitor. Binance has not yet published its own post-incident report.
Sources
- Binance, Security Incident Recovery Update #4, Withdrawals Resume in Phases, 1 November 2026, retrieved 1 November 2026
- Binance, Security Incident Recovery Update #3, 31 October 2026, retrieved 1 November 2026
- Binance, Security Incident Update, 30 October 2026, retrieved 30 October 2026
- FBI, North Korea Responsible for $6 Billion+ Binance Attack, 31 October 2026, as reported by TheStreet, retrieved 1 November 2026
- TheStreet, FBI names who took $6B+ from Binance, 31 October 2026, retrieved 1 November 2026
- crypto.news, Binance reopens Bitcoin withdrawals after hack, 1 November 2026, retrieved 1 November 2026
About this piece
Compiled by the CryptoGuardz register team from the sources listed above. Research and drafting are AI-assisted and reviewed by a named editor before publication. Nothing here is a recommendation to gamble. If a figure or a reading is wrong, tell us and the correction is logged in public.