Binance said on November 14 that it had reopened withdrawals on 87 networks over the preceding week. The exchange said it aimed to restore withdrawals for all remaining networks and assets by
Binance said on November 14 that it had reopened withdrawals on 87 networks over the preceding week. The exchange said it aimed to restore withdrawals for all remaining networks and assets by the end of the following week.
The reopened networks listed by Binance include Aptos, Cardano, Avalanche, Litecoin, NEAR and Stellar. The exchange advised customers to check its withdrawal page or network status page for the specific asset and network they want to use. Binance said high traffic could temporarily slow processing during the rollout.
The update follows Binance’s announcement that it had covered assets affected by the October 29 security incident. Withdrawals are being restored in phases, and the timetable for the remaining networks is a target set by the exchange.
Source: Binance’s official recovery update.
This article was originally published as Binance Reopens Withdrawals on 87 Networks as Recovery Continues on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.
