Binance will begin allowing withdrawals for major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), XRP, and Solana (SOL) on Nov. 1, 2026, marking a significant recovery milestone after the exchange's massive $6.3 billion security breach. The resumption starts between 06:00 and 09:00 UTC as Binance completes its security and infrastructure readiness checks.
The process will be carried out progressively rather than all at once, with the exchange focusing on the most critical needs first. "Let's call this the day Binance stopped running scared and started running smart," said one industry observer familiar with the situation.
"They finally have enough security confidence to let users back in after what was basically a full-on crypto bank robbery." Binance has now recovered approximately 95% of the assets stolen in the breach, up from 90% when they last provided an update.
The exchange emphasized that they have fully backed the balances of major cryptocurrencies including Bitcoin, Ethereum, XRP, Solana, BNB, USDT, USDC, Zcash, USD1, and Ripple USD (RLUSD). But the remaining 5% includes cryptocurrencies that are less liquid and harder to buy in large amounts, which explains why the rollout will be gradual.
Binance warned that not all listed cryptocurrencies and networks may be enabled at the same time.
Bitcoin, Ethereum and more major assets to be enabled
The first phase of withdrawal resumption will include a total of 15 blockchain networks. This list includes popular networks such as Bitcoin, Ethereum, XRP Ledger, BNB Smart Chain, Solana, Tron, and Dogecoin. Other cryptocurrencies that will be available for withdrawals include Zcash (ZEC), Avalanche (AVAX), Sui (SUI), Polygon (POL) and Arbitrum (ARB).
Withdrawals of major stablecoins such as Tether (USDT) and USD Coin (USDC) will also be enabled on multiple networks. "You don't restart a bank after a $6.3 billion heist without taking your sweet time," noted cryptocurrency security expert Dr. Sarah Chen.
"Binance learned that rushing back could be worse than staying closed." The exchange selected these assets based on user withdrawal demand over the past week, focusing on the cryptocurrencies users needed most urgently. This data-driven approach helped prioritize which networks to enable first.
Binance reveals it has recovered 95% of stolen assets
The withdrawal resumption comes only days after Binance suffered a massive security breach that led to the theft of around $6.3 billion worth of cryptocurrencies from the exchange's hot wallets. The breach forced Binance to temporarily pause withdrawals to contain the damage, conduct an investigation into the security breach and avoid additional losses.
The exchange spent weeks working to recover stolen funds and secure its infrastructure. Binance has now disclosed that it has recovered around 95% of affected assets. This represents significant progress from the 90% recovery rate reported in their last update.
The remaining 5% includes harder-to-trace assets that are less liquid and difficult to convert back to cash. This explains why Binance is taking a gradual approach to restoring full withdrawal capabilities, focusing first on the most accessible stolen funds.
What's next for crypto users
Customers who have been waiting to move their crypto assets off Binance now have a clear timeline to plan around. The Nov. 1 start date gives them nearly a week to prepare for the resumption of withdrawal services.
"The psychology here matters more than the numbers," said financial analyst Marcus Liu. "Users have been living in crypto limbo, unable to move their money. This gives them control back, which is the foundation of trust." Crypto markets are watching closely as Binance returns to normal operations.
The resumption could signal broader market stability after what was essentially a crash course in exchange security for the digital asset industry. Binance emphasized that the withdrawal resumption process will be carried out progressively as the exchange conducts security and infrastructure readiness checks.
This cautious approach suggests they learned valuable lessons from the breach about the importance of thorough security assessments. The exchange's statement confirms that while most major cryptocurrencies will be available for withdrawal, the process will be methodical rather than immediate.
Users can expect gradual restoration of services as Binance continues to monitor and secure its systems. --- This careful, measured return to full functionality represents Binance's commitment to protecting user assets while restoring confidence in their platform operations. The gradual rollout approach demonstrates a new standard in crypto exchange security protocols.
---