A post by @cz_binance on X.
Withdrawals re-enabled for:
@cz_binance on X
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Binance CEO Changpeng Zhao announced that the exchange has re-enabled withdrawals for BTC, ETH, USDT, USDC, BNB, and XRP across the Bitcoin, Ethereum, BNB Smart Chain, XRP Ledger, and Base networks. The announcement follows a period of suspended withdrawals, though the tweet did not specify the cause or duration of the outage. The resumption of withdrawals is a key operational health signal for the world's largest crypto exchange by volume, as prolonged withdrawal halts often precede liquidity stress or insolvency concerns, as seen with FTX. Traders and institutions that had funds locked on the platform can now move assets off-exchange, which may reduce exchange reserves and could pressure short-term flows. Market participants should watch whether Binance publishes proof-of-reserves updates, whether withdrawal processing times remain stable under renewed demand, and whether any additional networks or tokens are re-enabled in subsequent updates.
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