Binance issues recovery update: withdrawals to restart for HYPE, INJ, APT, PLASMA, NEAR, LTC and additional assets

Binance issues recovery update: withdrawals to restart for HYPE, INJ, APT, PLASMA, NEAR, LTC and additional assets
Binance to restore phased withdrawals

Binance announced that withdrawals for a range of tokens, including HYPE, INJ, APT, PLASMA, NEAR, and LTC, as well as other tokens on restored networks, are planned to resume in phases by the end of next week following a recent incident. Deposit services remain unaffected, and users are advised to monitor official channels for asset-specific availability.

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Binance issued a recovery update announcing that withdrawals for a variety of tokens, including HYPE, INJ, APT, PLASMA, NEAR, and LTC, as well as tokens on networks such as BSC, ETH, MATIC, ARBITRUM, POLYGON, and OP, will begin to resume starting at 04:00 UTC on November 3, 2026. The reopening of withdrawals is being implemented in phases after security and readiness checks for each asset-network pair, and users may experience delays or longer processing times during the rollout. Deposit services remain available and unaffected, and users are encouraged to consult official channels or Binance’s network status pages for real-time information about specific asset availability. Binance stated that it will absorb any financial impact resulting from the incident, and user balances will not be affected.

Binance is a cryptocurrency exchange headquartered in Hong Kong, recognized for its high daily trading volume, active user base, and high liquidity. The platform supports various trading products including spot, futures, and options markets, offers P2P transactions, and features options for passive income such as staking and savings. Read the full broker profile on Traders Union.

For context on Binance's recent changes, see our earlier news about their Proof of Reserves system upgrade and asset recovery efforts in response to a security incident in the previous Binance update on Traders Union.

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