Binance Withdrawal Update: Which Assets Are Reopening After the Hack?

Binance Withdrawal Update: What Is Reopening?

The latest Binance withdrawal update gives customers a clearer picture of which assets the exchange plans to bring back online after its major security incident.

In a November 5 announcement, Binance said withdrawals for additional tokens on Ethereum, BNB Smart Chain, Base, Tron, Polygon and Sui would begin reopening from 04:00 UTC.

There is an important detail for customers: the announcement does not mean every listed asset became available at that time. Binance said it would restore each token-and-network combination progressively, once its security and readiness checks were complete.

For example, a token appearing under Ethereum does not automatically mean that the same token is available for withdrawal through BNB Smart Chain. Users need to check the exact combination they intend to use.

Binance said it was prioritising tokens based on user demand over the previous week and would add more assets as they became ready.

Which Binance Assets Are Included in the November 5 Rollout?

The following table reproduces the assets listed in Binance’s announcement. These are planned reopening pairs, not a guarantee that every pair is live.

Some tokens appear under more than one network. That is why the list contains more token-network combinations than distinct tokens.

Also, Binance uses labels such as ETH, TRX and SUI to identify networks in its table. Those labels should not be read as confirmation that the networks’ native coins are part of this particular November 5 list.

Not seeing an asset in the table does not necessarily mean its withdrawals are suspended. Binance had announced earlier reopening phases for other assets and networks. The latest list covers additional pairs, not every withdrawal route on the platform.

Why Are Withdrawals Reopening in Phases?

Following the security incident, Binance suspended withdrawals while it assessed its systems and prepared services to resume. Its first reopening phase began on November 1, followed by another expansion on November 3.

Binance says the gradual approach allows it to complete security and readiness checks before restoring each asset-network pair.

That distinction matters because an exchange withdrawal is not simply a button being switched on. The platform needs its withdrawal systems and the relevant token-network route to be ready to process requests. Binance has not publicly provided a precise reopening time for every pair in its November 5 list.

The exchange also warned that users could experience temporary delays or longer processing times during the rollout because of traffic. It said deposit services remained open, although customers should still check the status of their specific network before sending funds.

Bitnxt’s earlier report on the Binance security incident and its loss-cover pledge explains what the exchange initially disclosed about the attack and its response.

Has Binance Recovered 98% of the Stolen Crypto?

Not necessarily. Replenished and recovered are different things.

In its November 4 update, Binance said it had replenished approximately 98% of the affected amount and had set aside more than enough from its own resources to cover the losses. It said it was continuing to purchase the remaining tokens through market and over-the-counter channels.

The exchange expects buying the remaining portion to take longer because those tokens are less liquid.

Here is the distinction:

• Replenishment means Binance says it has replaced affected assets using its own resources.

• Recovery would mean stolen assets have been retrieved from the attacker or otherwise returned.

• Withdrawal restoration means a particular asset-network route is available for customers to use.

One does not automatically prove the others. Binance’s 98% statement is also the exchange’s own figure, not an independently verified recovery total.

What Does Binance’s New Proof-of-Reserves Snapshot Show?

Binance said it took a new proof-of-reserves snapshot at 00:00 UTC on November 4, covering 44 tokens, compared with 10 in its previous snapshot.

A proof-of-reserves snapshot provides a view of covered assets at a particular point in time. Binance said users holding covered tokens would be able to verify their balances once the associated zero-knowledge proof was generated.

In its November 4 announcement, Binance estimated that generating the full proof would take approximately 50 to 60 hours. Readers should check Binance’s latest disclosures for its current status rather than assume that the proof is already available.

A snapshot also has limits: it relates to the assets and time covered by that snapshot. It should not be presented as a complete, independent audit of every aspect of the exchange’s finances or security.

How Can Binance Users Check Their Withdrawal Status?

Customers who want to withdraw should check their chosen asset and network directly in the Binance app or on the Binance network status page.

Before submitting a transaction:

1. Select the correct asset and network. Both the withdrawal and receiving platforms must support the same network for that asset.

2. Check whether the specific pair is available. A token appearing in Binance’s announcement does not guarantee it has already reopened.

3. Confirm the receiving address and any required memo or tag. Incorrect details can make funds difficult or impossible to retrieve.

4. Review the fee and minimum withdrawal amount. These can vary by asset and network.

5. Check withdrawal history before submitting again. If a request is pending, review its status first to avoid accidentally creating a duplicate withdrawal.

6. Avoid unsolicited “recovery” messages. Use official channels rather than links sent by strangers claiming to represent support.

For readers considering moving funds to a personal wallet, Bitnxt’s guide to hot wallets versus cold wallets explains the trade-offs. Self-custody reduces reliance on an exchange, but users become responsible for protecting their own recovery credentials.

An Earlier Exchange Incident Shows Why Access and Recovery Are Separate

The distinction between restored services and recovered assets is not unique to Binance.

After a separate security incident, Mercado Bitcoin temporarily suspended deposits and withdrawals. Blockchain researchers reported that some assets linked to that incident had been frozen—but a freeze did not automatically mean those assets had been returned.

The two incidents should not be assumed to share an attacker or an entry point. The comparison is useful for a simpler reason: customers need clarity about three different outcomes—whether their balances are protected, whether services are operating, and what has happened to the stolen assets.

Bitnxt Take: The Next Test Is Reliable Access

Binance’s latest announcement is meaningful for users waiting to move their funds, especially those whose tokens were not included in earlier phases. But a published list is only the beginning of the story.

The more useful measure will be whether customers can withdraw the specific assets they hold, through the networks they need, without prolonged disruption. Clear updates on unavailable pairs, processing delays and remaining security checks would help users understand where the recovery actually stands.

The same care is needed with the 98% figure. Replacing assets is a significant step if completed as Binance describes, but it should not be confused with recovering stolen crypto—or with proving that every withdrawal route is back to normal.

For now, the practical advice is straightforward: check the exact asset and network before making a withdrawal, and treat Binance’s latest status as more useful than any static token list.

This article is for informational purposes and does not constitute financial advice.