Crypto

Binance withdrawal resume: Exchange begins second phase as outflows stabilize

Binance is beginning a second phase of withdrawals for additional assets starting Tuesday at 04:00 UTC.

Data from DefiLlama shows that net outflows from the exchange have slowed significantly since Sunday.

The exchange has warned users against scammers promising to expedite withdrawals for a fee.

Binance has also resumed withdrawal services for several fiat currencies, including the Philippine peso.

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