Main Takeaway: A phased withdrawal reopening is when an exchange restores withdrawals network by network, so one coin can move on one chain while another stays paused. Before moving coins to a cold wallet this week, confirm your network is open on the exchange and supported by your wallet, send a small test, and allow for delays.
Quick Reference
| Phased reopening | Withdrawals return network by network, so an asset can be open on one chain and paused on another. |
| Network | The blockchain your coins travel on. It has to be open on the exchange and match your ELLIPAL address. |
| Pending | A withdrawal the exchange has accepted but not yet confirmed on chain. |
| Transaction hash | The ID of a sent withdrawal. Paste it into a block explorer to see its status. |
What changes when an exchange reopens withdrawals in phases?
Binance said it began restoring withdrawals in phases at 06:00 UTC on November 1, 2026, and that all 15 networks and assets in the first phase had resumed by 12:36 UTC. The remaining networks are still being tested, with the next phase to be announced.
A phased reopening also brings a queue. Withdrawals can take longer than usual while the exchange works through requests, and the fee shown on the confirm screen can differ from the last time you withdrew.
Why the network choice matters most this week
When your usual network is still paused, the exchange may offer the same coin on a network that is already open. That route works only if your ELLIPAL address is on that same network. In the ELLIPAL App, select the coin, tap Receive, and read the network shown there. If the open networks on the exchange do not include it, waiting for the next phase is the cautious choice. A send on a mismatched network may not arrive in the account you opened, and an on-chain transfer cannot be pulled back once it confirms.
Timing needs the same patience. A withdrawal can sit in pending while the queue clears, so check its status and transaction hash before you submit the same request again. Copy the receive address fresh from the ELLIPAL App each time, since addresses taken from history or old messages are where lookalike and swapped addresses slip in. Our guide to clipboard malware covers the swapped address pattern.
What to check, and where
| Check | Where to look |
|---|---|
| Is my network open? | The exchange's withdrawal page and its official announcements |
| Does my wallet use it? | The Receive page in the ELLIPAL App |
| What will it cost? | The fee on the exchange's confirm screen |
| Did it arrive? | The ELLIPAL App, or the transaction hash on a block explorer |
A short routine before you send
- Copy the address from the Receive page in the ELLIPAL App.
- On the exchange, choose the same network and confirm it is listed as open.
- Send a small test and wait until it shows in the ELLIPAL App.
- Move the rest, in batches if the balance is large.
The full walkthrough, including memos and destination tags, is in our beginner guide and the exchange guides for Coinbase and Kraken.
Which situation matches yours?
- Your network is not open yet: wait for the next phase, and follow the exchange's official channels.
- Your withdrawal shows pending: check the transaction hash on a block explorer before you contact support.
- Someone offers to speed up your withdrawal: a withdrawal does not need your seed phrase or remote access to your device, so decline and use in-app support.
- You are withdrawing XRP to a new address: the address needs a 1 XRP base reserve to activate, as our XRP guide explains.
Where the ELLIPAL wallet fits
ELLIPAL Titan 2.0 has no Bluetooth, no WiFi and no USB data connection, so transactions travel between the device and the App by QR code. ELLIPAL X Card is an NFC cold wallet in card form, with no battery and no port, and it signs when you tap it to your phone. Different tools. Same mission. Both use BIP39 seed phrases, the standard word list that restores a wallet in compatible apps.
FAQ: Moving Coins While Withdrawals Reopen
Can I withdraw on a different network if mine is still paused?
Only if your ELLIPAL address is on that network too. The Receive page in the ELLIPAL App shows which network an address uses. If it does not match, wait for your network to reopen.
Is it safe to move crypto to a hardware wallet right after withdrawals reopen?
A withdrawal to an address your own wallet generated is a standard transfer. The care goes into the address, the network and a small test first. ELLIPAL documents common receiving issues if a deposit does not appear.
Why is my withdrawal fee higher than last time?
The exchange sets the fee shown before you confirm, and it usually tracks network conditions. Busy periods can raise it, so read the figure on the confirm screen each time.
What happens if I lose the ELLIPAL device after the transfer?
Your coins are recorded on the blockchain, and the device holds only the key that signs for them. The seed phrase from setup restores the same accounts on a replacement, so that backup is the part to protect.
About ELLIPAL
ELLIPAL has built cold wallets since 2018, with more than 1 million users across 140+ countries and support for 10,000+ tokens across 45+ chains. ELLIPAL holds no customer funds and is not affiliated with any exchange.
Explore ELLIPAL wallets, pick the one that fits, and you're ready when your network reopens.