#BinanceRestores28FiatWithdrawals
🗣️ Binance Co-CEO: Outflows Have "Normalised"
📅 Nov 3: Richard Teng, at Hong Kong Fintech Week, said withdrawals spiked in the first 24 hours, then "pretty much normalised"
💵 Fiat withdrawals now open in 28 currencies, incl. USD, EUR, JPY and BRL
📊 Net outflows since reopening: about 3% of platform assets, per Binance (Nov 2)
🛡️ 95% of affected tokens replenished, Teng said
📈 Binance X post: hourly deposits now exceed withdrawals
🎁 Rewards campaign runs to Nov 21 (fee rebates, up to 10% APR on some products)
⚠️ Some assets are still reopening in phases
What it means for crypto: a calm exchange run is a good sign for confidence, but one hour of net inflow isn't a trend. Proof of Reserves is the next check.
Have you moved funds back to Binance? 👇
$BNB $BTC
#CryptoNews #Binance #Withdrawals #BinanceRestores28FiatWithdrawals
🗣️ Binance Co-CEO: Outflows Have "Normalised"
📅 Nov 3: Richard Teng, at Hong Kong Fintech Week, said withdrawals spiked in the first 24 hours, then "pretty much normalised"
💵 Fiat withdrawals now open in 28 currencies, incl. USD, EUR, JPY and BRL
📊 Net outflows since reopening: about 3% of platform assets, per Binance (Nov 2)
🛡️ 95% of affected tokens replenished, Teng said
📈 Binance X post: hourly deposits now exceed withdrawals
🎁 Rewards campaign runs to Nov 21 (fee rebates, up to 10% APR on some products)
⚠️ Some assets are still reopening in phases
What it means for crypto: a calm exchange run is a good sign for confidence, but one hour of net inflow isn't a trend. Proof of Reserves is the next check.
Have you moved funds back to Binance? 👇
$BNB $BTC
#CryptoNews #Binance #Withdrawals #BinanceRestores28FiatWithdrawals
