Binance Withdrawal Network Status shows whether a coin can leave the exchange on a chosen network. To check it, open the withdrawal page, select the coin, pick the network, and read the status shown for that exact pair. Then compare it with the public network status page. A coin can work on one network while the same coin stays paused on another.
This article covers the 15 networks restored in Phase One, how the status page works, the latest updates from November 2 to November 5, and the risks that matter before sending funds. All details are current as of November 6, 2026, and later Binance updates can change them.
After the October 29 security incident, withdrawals did not return all at once. Binance began Phase One across 15 blockchain networks. An open network does not mean every token on it works, so each coin and network pair needs its own check.
| Network | Coins named | Quick detail |
|---|---|---|
| Bitcoin | BTC | Oldest crypto, with a fixed supply cap of 21 million coins. |
| Ethereum | ETH, selected assets such as USDT and USDC | Main smart contract network, where ETH pays the network fee. |
| BNB Smart Chain | BNB, USDT, USDC | Binance's own chain, where BNB pays the fees. |
| Tron | TRX, USDT | Popular for low-cost USDT transfers, with TRX used for fees. |
| Solana | SOL, USDT, USDC | Fast network with low fees, and SOL pays for each transaction. |
| XRP Ledger | XRP | Built for quick payments, with XRP as its main coin. |
| Zcash | ZEC | Privacy-focused coin that offers shielded transactions. |
| Dogecoin | DOGE | Started in 2013 as a joke and now used for tips and payments. |
| TON | USDT, TON | Named for USDT and TON (Toncoin), so each coin needs its own check. |
| Polygon | POL, USDT, USDC | Ethereum add-on network, with POL as its token. |
| Avalanche C-Chain | AVAX, USDT, USDC | Smart contract chain where AVAX pays the fees. |
| Arbitrum One | ETH, USDT, USDC, ARB | Ethereum add-on network that lowers cost, with ARB as its token. |
| Base | ETH, USDC | Ethereum add-on network with low fees. |
| Optimism | ETH, USDT, USDC | Ethereum add-on network, with OP as its own token. |
| Sui | SUI | Newer smart contract network, with SUI used for fees. |
USDT and USDC are stablecoins, which are coins built to track the US dollar. USDT appears on 9 of the 15 networks in the table, and every route carries its own fees and risks. BNB, the Binance Coin, sits on BNB Smart Chain.
The status appears in two places: the withdrawal page inside the app or website, and the public network status page. The withdrawal page has the final say, because it checks the exact pair selected.
An asset pause stops one coin on one network. Network maintenance, such as the Ethereum wallet maintenance announced in October, can stop several coins on that chain for a short time. Both appear as "unavailable" on the withdrawal page, so the announcement list is the place to confirm the reason.
A "pending" withdrawal has been accepted by Binance but is waiting for review or blockchain confirmation. A "network unavailable" label means that the pair cannot be selected at all. The transaction hash in the history tab is the proof that a pending transfer has left the exchange.
Update 5 on November 2 said the October 31 proof of reserves snapshot could be checked once a zero-knowledge proof was built. Earlier recovery figures are in the October 31 Binance letter, and the Binance Square update carries further restoration details. Update 6 on November 3 reopened withdrawals for more assets.
Update 7 on November 4 reported that about 98% of the impacted amount was replenished. The last 2% is moving slower because those tokens are harder to buy. Update 8 on November 5 added more tokens across ETH, BSC, Base, TRX, Polygon, and Sui from 04:00 UTC.
Tokens are picked based on demand over the past week, and each pair returns only after security checks. Because of this, any fixed list, including the table above, is a snapshot of November 6, 2026. Each figure in this section comes from Binance update posts, and the matching official announcement should be opened for the exact timestamp.
Security and readiness checks after the incident explain most pauses. Routine maintenance can also pause a coin briefly.
The main risks during a phased restoration are listed below.
A small test transaction before a large transfer is the standard safety step.
Binance withdrawal fees change by coin and by network, so the same asset can cost more on one chain than on another. The crypto fee table lists the current fee for each pair, and it should be read after the network is chosen. Fee amounts are not repeated here because they change often.
Binance spot tick data and Binance Agent OS are separate from the wallet, so wallet access still needs a direct check on the withdrawal page. A new listing notice does not change the withdrawal status of older assets.
Binance reports that its November 4 proof of reserves snapshot covers 44 tokens, up from 10. The full zero-knowledge proof takes about 50 to 60 hours to build. A zero-knowledge proof lets a third party confirm a result without seeing the private data behind it.
Proof of reserves lets users confirm that the covered tokens are backed at least 1:1. The token list matters as much as the headline number, so that list should be read first. Coverage of 44 tokens does not independently prove the full solvency of the exchange. Independent reporting also notes that a reserves snapshot is not a full audit, and cannot guarantee future solvency or security.
The main limit is that key numbers rest on Binance statements. The 98% figure, the claim that more than 100% of the needed funds was set aside, and the restoration timeline all come from Binance. No independent party has confirmed them in the updates reviewed, and no date has been given for full restoration.
Phase One covered 15 networks, and later updates add assets in batches. Binance Withdrawal Network Status should be confirmed on the official page for each coin and network pair, the proof of reserves token list should be reviewed, and the official announcement page should be followed for new restoration batches. Full restoration still has no confirmed date.
This article is for informational purposes only and is not financial advice. Crypto is volatile, and Binance can pause withdrawals without notice. Details should be verified on official Binance pages first.