Yi He: Binance deposits are normal, withdrawals are expected to gradually resume within 48 hours
Binance co-founder and chief customer service officer Yi He posted on the X platform on October 30, 2026, saying that the platform’s deposit function has not been affected and is operating normally. The team is strengthening withdrawal services and related address controls, and withdrawals are expected to begin gradually resuming within the next 48 hours. Further progress will be announced through Binance’s official channels.
This update came after Binance suspended withdrawals due to a security incident. Yi He had previously said that user funds are safe, that the platform will cover the related losses, and that deposits and withdrawals were suspended for security checks, fund freezes and cooperation with law enforcement. This statement clearly separates the resumption of normal deposits from the time window for withdrawal resumption, and emphasizes enhanced withdrawal services and address control.
Original sources:
Title: Service Update（Deposits remain unaffected...） Publisher: Yi He (@heyibinance, Binance co-founder and chief customer service officer) Publication date: 2026-10-30 URL: https://x.com/heyibinance/status/2116021551262740985 Source type: company executive original post Verification status: the full post was read in this update, verification date: 2026-10-30 Supporting content: deposits are unaffected and operating normally, the team is strengthening withdrawal services and related address controls, withdrawals are expected to start resuming within the next 48 hours, further updates will be issued through official channels
Title: Thanks to @worldlibertyfi team for the $27m USD1 frozen... Publisher: Yi He (@heyibinance) Publication date: 2026-10-29 URL: https://x.com/heyibinance/status/2115932201288397140 Source type: company executive original post Verification status: the full post was read in this update, verification date: 2026-10-30 Supporting content: withdrawals were suspended for security reasons until the environment is confirmed safe, user funds are SAFU, thanks to World Liberty Financial for helping freeze assets
Title: Binance Expects to Start Resuming Withdrawals Within 48 Hours Publisher: The Defiant Publication date: 2026-10-30 URL: https://thedefiant.io/news/hacks/binance-expects-to-start-resuming-withdrawals-within-48-hours Source type: media report Verification status: the passage about Yi He’s statement was read in this update, verification date: 2026-10-30 Supporting content: background on deposits operating normally and the expectation to begin resuming withdrawals within 48 hours
ABAB AI Insight
Yi He’s statement clearly separates the status of deposits and withdrawals: deposits have already returned to normal, while withdrawals are expected to begin gradually resuming within 48 hours after strengthened service and address controls. This marks a step forward from the previous blanket suspension of deposits and withdrawals, indicating that security checks and fund freezes are entering a later stage, but that withdrawal channels still need additional hardening.
Against the backdrop of Binance’s recent security incident, normal deposits help maintain platform liquidity and users’ deposit expectations, while withdrawal resumption being tied to strengthened address controls suggests that the risk-control focus is shifting to withdrawal whitelists, address permissions and abnormal outflow monitoring. Yi He continues public communication in her role as chief customer service officer, extending Binance’s practice of having co-founders speak directly during major incidents.
The statement uses “begin resuming” rather than “fully resume,” and promises updates through official channels, leaving room for subsequent phased, capped or conditional openings. For users and the market, the 48-hour window provides a predictable restart point, but the actual quality of resumption will still depend on the implementation of address controls and abnormal monitoring.
ABAB News · Laws of Cognition
The resumption of normal deposits and the “begin”ning of gradual withdrawal resumption are clearly separated, showing that after the security incident, the liquidity inlet restarts before the outlet.
Withdrawal resumption is tied to strengthened address controls, indicating that the platform is shifting its risk-control focus from a full suspension to hardening the withdrawal path.
“Begin resuming” within 48 hours rather than full reopening leaves operational room for later phased or capped reopening.