Binance restores ETH, BNB, USDC and USDT withdrawals on Ethereum and BNB Chain after a previous halt, with additional networks to follow.
Macro & Markets ·
Binance has restored withdrawals for multiple assets across two major blockchain networks following an earlier suspension. The exchange now permits withdrawals of USDC, USDT, and ETH on Ethereum, as well as USDC, USDT, and BNB on BNB Smart Chain. Bitcoin withdrawals were reopened first as the initial phase of the restoration effort.
The restoration is proceeding in phases tied to the completion of security checks. Binance indicated that additional assets and networks will be brought back online in subsequent phases, with announcements delivered through the exchange's official communication channels. The phased approach suggests a deliberate sequence rather than an immediate full restoration across all supported networks.
The prior event that prompted the withdrawal halt remains referenced but not detailed in the public statements. It is unclear which specific security concern or operational issue triggered the initial suspension or what criteria determine the order of network restoration beyond the completion of security verification.