Binance warns users to beware of scams exploiting withdrawal re

Binance issued a scam warning on November 2 as it resumes withdrawals in phases, cautioning users that fraudsters may impersonate the exchange via private messages, emails, group chats, or small transfers with attached notes to lure victims into paying fees to expedite withdrawals, claim compensation, or move assets into purported "safe accounts." The exchange stressed it does not sell withdrawal queue slots, charge fees to unlock assets, or require wallet connections, signature approvals, or transfers to release withdrawals. Users can check pending withdrawal status within the Binance app and verify channels, accounts, or websites through the official verification page. The warning follows the recent withdrawal suspension that affected the exchange's operations. Investors and users should watch for the phased withdrawal rollout schedule and remain alert to phishing attempts as activity resumes.