Binance announces phased resumption of withdrawals starting November 1, 2026 following a security incident.
Regulation & Gov ·
Binance announced a phased resumption of customer withdrawals beginning November 1, 2026, as part of recovery efforts following a security incident. The first phase is scheduled to begin at 06:00 UTC and run through 09:00 UTC on that date. The announcement provided details on the initial withdrawal window and recovery roadmap.
The phased approach suggests a controlled reopening of withdrawal functionality rather than an immediate full restoration of service. By staging the resumption in phases, the exchange appears to be managing capacity and monitoring system stability during the restart process. The specific three-hour window for phase one indicates constraints on either infrastructure readiness or risk management parameters.
Key details about subsequent phases, total duration of the recovery plan, and any limits on withdrawal amounts or account eligibility remain unclear from the announcement. The material does not specify whether all account types or regions will be eligible in phase one, or how long the full recovery is expected to take.