Binance Japan has restored cryptocurrency withdrawals for eight major digital assets following precautionary security checks prompted by the October 30 incident affecting Binance’s global operations.
In an official November 2 announcement, the Japanese exchange confirmed full withdrawal resumption for
Bitcoin market price and chart (BTC), Ether (
ETH market price and chart),
BNB market price and chart,
XRP market price and chart, Solana (SOL), Tron (TRX), Dogecoin (DOGE), and Sui (SUI). Several other assets remain subject to restrictions.
Binance Japan Reopens Major Crypto Withdrawals
The exchange said AVAX, GRAM and ARB withdrawals were partly restored, with availability limited to some supported blockchain networks. Withdrawals for assets including LINK, ADA, LTC, SHIB and PEPE had not yet resumed as of 4 p.m. Japan time on November 2.
Cryptocurrency deposits, trading and fiat deposits and withdrawals were operating normally. Binance Japan noted that deposit restrictions on DOT, QTUM and ZIL predated and were unrelated to the security incident.
Customers can check token-by-token and network availability through Binance Japan’s network status page before initiating transfers.
Binance Japan Says Customer Assets Unaffected
Binance Japan said its team reviewed wallet systems and account balances following the global security incident and identified no impact on customer assets held by the Japanese business.
In a separate October 30 notice, Binance Japan said customer cryptoassets are managed in cold wallets separately from the global hot-wallet infrastructure affected by the breach.
The Japan-specific service restoration therefore followed precautionary checks rather than a disclosed loss of the subsidiary’s customer assets.
Withdrawals Remain Restricted for Some Tokens
The November 2 notice described a phased recovery instead of a complete reopening across every asset and chain. Customers holding tokens with partial or unavailable withdrawal support should consult Binance Japan’s current network status rather than assume that a coin’s trading availability means transfers are enabled.
Globally, Binance has separately pursued security reviews, phased withdrawal restoration and updates to proof-of-reserves information. BlockBriefing previously covered the restart of Bitcoin withdrawals during that process.
Binance Japan has not provided a firm date for the remaining assets to resume withdrawals. The November 2 update is a recovery milestone, but service availability continues to vary by asset and network.
Why Network-Level Status Matters
A cryptocurrency can operate across multiple networks, and a withdrawal request depends on the specific route selected by the customer. A partial restoration does not necessarily mean that every supported route for a token has reopened. Customers should confirm both the asset and chain before transferring funds, particularly when moving tokens into self-custody or between exchanges.
Exchange withdrawal restrictions also differ from blockchain congestion. A blockchain may continue processing transactions while a centralized platform suspends its own outbound transfers to perform wallet reviews, adjust risk controls or rebuild operational systems. The distinction matters for customers evaluating whether a transfer delay reflects the exchange’s controls or conditions on the underlying network.
What Remains Unconfirmed After the Incident
Binance Japan’s announcement describes the state of its local services; it should not be read as an independent assessment of the global incident’s ultimate financial or technical impact. Its statement that Japanese customer assets were unaffected is specific to the subsidiary’s own review. A complete cross-platform security assessment would require separate evidence about the incident’s cause, the affected infrastructure and subsequent controls.
Customers should also distinguish confirmation that withdrawals have resumed from confirmation that every individual pending request has settled. Processing times may differ by blockchain and exchange queue. Binance Japan’s official status notices remain the appropriate source for operational changes, while the outcome of the global recovery should be assessed against future technical disclosures rather than assumptions based on one jurisdiction’s reopening.