Can you withdraw from Binance yet? Depends on the coin
Lots of people asking this today so I put together what's been confirmed so far.
Withdrawals came back this morning, but not all at once. Binance is opening them network by network, starting with the coins people used most last week.
$BTC was the first one back, shortly after 06:00 UTC.
After that came $ETH , USDT and USDC on Ethereum, plus $BNB, USDT and USDC on BNB Smart Chain.
Still rolling out in phase one: $SOL, $XRP, $DOGE, $SUI and $ZEC, plus ETH and stablecoins on Base and Optimism.
Binance also says 10 assets are now fully backed: $BTC , $ETH , USDT, BNB, SOL, USDC, XRP, USD1, RLUSD and ZEC. The rest is still being bought back.
Two things to know:
Withdrawals might be slow for a while because everyone is trying at once.
Always check the withdrawal page or the network status page before sending anything. This is changing by the hour.
The full proof of reserves is supposed to come early this week. That's the one I'm waiting for.
Did your withdrawal go through yet? Which coin, and how long did it take?
$BTC
$ETH
$BNB $SOL $XRP #Binance #BinanceWithdrawals #CryptoNews #Write2Earn
Lots of people asking this today so I put together what's been confirmed so far.
Withdrawals came back this morning, but not all at once. Binance is opening them network by network, starting with the coins people used most last week.
$BTC was the first one back, shortly after 06:00 UTC.
After that came $ETH , USDT and USDC on Ethereum, plus $BNB, USDT and USDC on BNB Smart Chain.
Still rolling out in phase one: $SOL, $XRP, $DOGE, $SUI and $ZEC, plus ETH and stablecoins on Base and Optimism.
Binance also says 10 assets are now fully backed: $BTC , $ETH , USDT, BNB, SOL, USDC, XRP, USD1, RLUSD and ZEC. The rest is still being bought back.
Two things to know:
Withdrawals might be slow for a while because everyone is trying at once.
Always check the withdrawal page or the network status page before sending anything. This is changing by the hour.
The full proof of reserves is supposed to come early this week. That's the one I'm waiting for.
Did your withdrawal go through yet? Which coin, and how long did it take?
$BTC
$ETH
$BNB $SOL $XRP #Binance #BinanceWithdrawals #CryptoNews #Write2Earn