I keep refreshing the withdrawal button, and then I get DMs saying 「it’s already open」. Let’s filter those out first today.
According to Binance’s official Security Incident | Recovery Update 4 (2026-11-01), withdrawals will **resume in stages, starting with Phase 1 today**. The preparation window is **2026-11-01 06:00–09:00 UTC**. Don’t assume that all coins will open at once at that time. Deposits are operating normally.
❓ 【What Update 4 actually says】
In the previous Update 3 (2026-10-31), it said that the affected funds recovery rate had risen to about 90%, and that 10 assets—BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD, and ZEC—were 100% backed. It also stated that funding came from part of the SAFU, part of the Futures Insurance Fund, and company funds, and that the company would cover user losses.
Today’s Update 4 says the recovery rate has risen further to **about 95%**. It says the remaining roughly 5% consists of tokens outside the top 10 and tokens with low liquidity, and that purchases will continue through the market and OTC. The next milestone was 「resumption of withdrawals」, and now the announcement for the Phase 1 rollout is out.
❓ 【Does Phase 1 mean my coins are available right away?】
No. The announcement says withdrawals will open in stages by network and asset. Examples listed for Phase 1 include BTC, ETH (ETH·USDT·USDC), BSC (BNB·USDT·USDC), TRX, SOL, XRP, ZEC, DOGE, TON, Polygon, Avalanche C-Chain, Arbitrum, Base, Optimism, and SUI. Even if an asset is on the list, just check whether that specific pair is actually available in the **withdrawal screen or network status page**. Being listed in the announcement table doesn’t mean the button is green right now.
The announcement says that during the early rollout, processing may be slow because of traffic, or a withdrawal may fail once and then work again after a short while. Don’t immediately assume 「only my account was hacked」 just because the button is gray or delayed. That’s different from signs of an individual account compromise.
❓ 【Do you trust 「withdrawal workaround right now」 messages on Telegram?】
Honestly, more scams pop up when withdrawals resume.
「We’re customer support and can process your withdrawal first」, 「Submit this form and it’ll open right away」, 「We’ll remotely unlock your withdrawal」—the original Update 4 contains no such third-party service. If anyone asks for your seed phrase, 2FA, remote access, or a withdrawal resumption application file, just cut contact. For further updates, use only the official app, official announcements, and official X account. 「Security team」 messages on Telegram, KakaoTalk, or DMs are not official channels.
This post doesn’t say whether prices will rise or fall, or which coins to buy. It’s for informational purposes only.
❓ 【Quick Q&A】
Q. Will everything open at an exact, confirmed 「time」?
A. The announcement only says that Phase 1 resumption is **being prepared** between 06:00 and 09:00 UTC. Check the withdrawal screen and further official updates for the actual opening time of each network.
Q. Are deposits also suspended?
A. No. According to Update 4, deposits remain open and unaffected.
Q. Who will cover the losses?
A. The announcement repeatedly states that the company will cover them and that users will not be made to bear the cost.
Risk: Based on the 2026-11-01 Recovery Update 4. Resumption is staged, so delays or retries may occur. Ignore rumors or impersonators claiming 「everything is open」 or offering 「withdrawal workarounds」. Not investment advice.