Markets · Security
Binance says customers can again take out dollars, dirhams, dong, pesos and rupiah, joining 23 currencies already open. After the attack, Binance says it has 'covered $6B of the impacted amount.' Its promised reserves report has not appeared yet.
Binance customers can once again move U.S. dollars off the exchange, the company says. In a post on X at 3:00 a.m. EST Monday, Binance said withdrawals in ordinary government money, which it calls fiat, "are now available" for dollars and four other currencies. That widens a reopening that began on Sunday with crypto, after an attack on the exchange. Binance said late on Oct. 31 that it had "already covered $6B of the impacted amount of the hacked loss" [5][1].
For many users that is the step that matters. Moving coins to another wallet is one thing. Being able to cash out to a bank account in your own currency is what most people mean by getting their money back.
The post is short. Under the heading "New" it lists five currencies: "USD," "AED," "VND," "PHP" and "IDR." Those are the U.S. dollar, the United Arab Emirates dirham, the Vietnamese dong, the Philippine peso and the Indonesian rupiah. Under "Current" it lists 23 more that were already available: "JPY, VES, BRL, MXN, ARS, BHD, KZT, EUR, CHF, CZK, HUF, KWD, PLN, RON, SEK, CDF, KES, SLE, UGX, XAF, XOF, ZMW, and KGS." It ends: "We will continue to share further updates through official Binance channels" [1].
| Binance's label | Currencies, as listed | Count |
|---|---|---|
| New | USD, AED, VND, PHP, IDR | 5 |
| Current | JPY, VES, BRL, MXN, ARS, BHD, KZT, EUR, CHF, CZK, HUF, KWD, PLN, RON, SEK, CDF, KES, SLE, UGX, XAF, XOF, ZMW, KGS | 23 |
| Total | 28 |
Source: @binance, 3:00 a.m. EST Nov. 2 [1]. Counts and total are Le Coin's.
The list is the whole of what Binance said. The post does not give a time for each currency, any limits or fees, or when the 23 "current" currencies came back. We have not filled those gaps.
The fiat step follows the crypto reopening Binance described on Sunday. "Binance began restoring withdrawals in phases at 06:00 UTC on November 1, 2026," it said, which was 1 a.m. EST. "By 12:36 UTC," or 7:36 a.m. EST, "withdrawals had resumed for all 15 networks and assets in the initial phase" [2].
Binance also published its own count of money moving in and out. "Between 06:00 and 15:30 UTC on November 1, we processed $4.649 billion in withdrawals and $1.01 billion in deposits, resulting in a net outflow of approximately $3.64 billion," it said. "This represents 2.1% of our $171 billion in total assets under management (AUM), based on the latest available Proof of Reserves (PoR) data as of October 28, 2026" [2]. By Le Coin's arithmetic the net is $3.639 billion, and that is 2.13% of $171 billion, so Binance's rounding holds.
Binance described the pace as easing. "After an initial spike, withdrawal volumes have declined and are stabilising as expected, while deposit volumes have remained substantial," it said on Sunday, adding: "Rest assured that market conditions are stable" [2]. Those are the company's characterizations; it has not published hour-by-hour flows that would let readers check the shape of the curve themselves.
| Step, per Binance | Time (EST) | Figure |
|---|---|---|
| Crypto withdrawals begin to reopen | 1:00 a.m. Nov. 1 | — |
| All first-phase networks back | 7:36 a.m. Nov. 1 | 15 |
| Withdrawals processed, 1:00–10:30 a.m. | Nov. 1 | $4.649B |
| Deposits processed, same window | Nov. 1 | $1.01B |
| Net outflow, Binance's figure | Nov. 1 | ~$3.64B |
| Fiat withdrawals listed as available | 3:00 a.m. Nov. 2 | 28 |
Sources: @binance, 11:12 a.m. EST Nov. 1 [2], and 3:00 a.m. EST Nov. 2 [1]. UTC converted to EST by Le Coin; fiat count is Le Coin's.
CoinGecko put BNB, Binance's own token, at $704.50 at 6:14 a.m. EST, down 1.40% over 24 hours, and bitcoin at $77,880, down 0.09% [4]. We draw no link between the reopening and either price.
The obvious question is whether Binance has the money to meet every request, and here the record is still a promise. On Sunday it said: "A new PoR snapshot was taken at 00:00 UTC on October 31, and zero-knowledge proof (ZKP) computation began. The updated report is expected to be available on our PoR website tomorrow" [2]. Proof of Reserves is Binance's published check that customer balances are matched by assets it holds, and the zero-knowledge proof is a way of showing that without revealing any individual account. "Tomorrow" was Monday. As of 6:14 a.m. EST, Binance had not posted the report on X, its PoR page could not be read when we checked, and Binance's announcement feed carried no new report [1][3][6]. It is promised and not yet published.
There is a second limit. The fiat post lists currencies, not volumes. It says nothing about how much money has left in dollars or any other currency, so Sunday's crypto figures remain the only flows Binance has disclosed [2]. And the crypto side is not finished either. On Sunday Binance said its "team continues testing rigorously the remaining networks and assets" and would "share details of the next phase as soon as we can" [2]. The fiat post does not say whether that next crypto phase has started.
In Le Coin's view, the reserves report is the tell. Reopening dollars is a vote of confidence Binance is giving itself; the snapshot taken on Oct. 31 is the first chance to compare what it held after the attack with what it reported before. Watch whether that report appears on Monday as promised, and whether it reports totals in a way that can be set against the $171 billion figure from Oct. 28.
Binance says customers can withdraw U.S. dollars, dirhams, dong, pesos and rupiah again, on top of 23 currencies already open. Its crypto withdrawals came back on Sunday. Its updated Proof of Reserves report is promised for today and was not out at our last check. More detail on Sunday's reopening is in our earlier piece, Binance reopens withdrawals in phases.
Holding the Corner.
Not financial advice.