Finance1 min read

Binance to reopen withdrawals for more assets on several networks

By · Published by Everything Blog

In short

Binance announced that it will restore outgoing transactions across several blockchain ecosystems on Tuesday starting at 04:00 GMT. The move applies to assets native to prominent chains like Ethereum, Solana, and XRP, while also addressing several newer networks. Furthermore, the exchange confirmed that selected tokens hosted on Optimism, Arbitrum, TRX, and Base will be included in the coordinated service resumption.

Key points

  • Account holders can resume transferring funds across major layer-1 and layer-2 networks s…: Account holders can resume transferring funds across major layer-1 and layer-2 networks starting early Tuesday.
  • Several leading chains including Solana, Ethereum, and XRP are included in the upcoming s…: Several leading chains including Solana, Ethereum, and XRP are included in the upcoming service restoration.
  • Additional network coverage extends to selected tokens hosted on scaling solutions such a…: Additional network coverage extends to selected tokens hosted on scaling solutions such as Base and Arbitrum.

Sources checked by our analysis pipeline: 1

Nov 2 : Binance said on Monday it will reopen withdrawals for more assets on networks, including BSC, ETH, SOL, XRP and SUI.

The reopenings will begin at 04:00 GMT on Tuesday, the company added.

Some crypto assets in networks ARBITRUM, OPTIMISM, TRX, and BASE will also resume withdrawals at the same time.

Source: Reuters

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