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Reading: Binance begins second withdrawal phase, exchange outflows slow
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Your Crypto News Today > Exchange > Binance begins second withdrawal phase, exchange outflows slow
Exchange

Binance begins second withdrawal phase, exchange outflows slow

November 3, 2026 1 Min Read
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Binance begins second withdrawal phase, exchange outflows slow

The change mentioned it was prioritizing tokens based mostly on person demand over the previous week. Deposits stay obtainable.

Networks a part of the second section of withdrawals embody Binance Sensible Chain, Ethereum, Solana, XRP Ledger, Sui, Arbitrum, Optimism, Tron and Base, in accordance with Binance.

Binance’s checklist of property deliberate for withdrawal. Supply: Binance

On Monday, Binance mentioned it additionally reopened withdrawals for a number of fiat currencies, together with the US greenback, United Arab Emirates dirham, Vietnamese dong, Philippine peso and Indonesian rupiah, including to an inventory of 23 different currencies already obtainable for withdrawal.

Binance change outflows sluggish

Information from DefiLlama exhibits outflows from the crypto change have slowed since Sunday, with web outflows on Monday at $2.57 billion, in comparison with $6.1 billion the day earlier than.

In a separate safety reminder, Binance warned that scammers may exploit the phased reopening by impersonating the change and providing accelerated withdrawals, promote precedence processing, assist customers declare compensation or direct them to maneuver property right into a purported “Binance vault,” the change mentioned.

“Anybody promising to expedite it for a payment is scamming you,” Binance mentioned.

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