Binance will pause Ethereum deposits and withdrawals at 05:55 UTC on October 28. Trading will be unaffected by the maintenance; transfers will reopen once the network is stable.
Crypto exchange Binance will suspend deposits and withdrawals over Ethereum at 05:55 UTC on October 28. According to its October 27 announcement, wallet maintenance will begin five minutes later. The maintenance will not affect trading in the relevant tokens on the exchange.
When will transfers reopen?
Binance expects the work starting at 06:00 UTC to last about an hour. The company will reopen deposits and withdrawals once it considers the network stable. It has not promised a 07:00 reopening. Binance will handle the technical work and will not publish a separate reopening announcement.
| Stage | UTC | Turkey time |
|---|---|---|
| Deposits and withdrawals suspended | 05:55 | 08:55 |
| Wallet maintenance starts | 06:00 | 09:00 |
The company has not specified the technical reason for the work or listed each affected token.
How can users check whether services have resumed?
Binance says in its wallet-maintenance FAQ dated June 27, 2023 that it displays a notice for the affected network in its app and on its website. Users can check that status on the deposit or withdrawal screen, or select “Set Reminder” to receive a notification when service returns.
Binance says users may transfer over another network if it is available. Both the sending and receiving services must support the asset on that network.
Check the address and fee before choosing another network
In its transfer guide updated April 22, 2026, Binance says that if the recipient accepts deposits only on Ethereum (ERC-20), the sender must select that network too. ERC-20 is a token standard, which transfer screens may display alongside the Ethereum network name. A lower fee is no reason to select a network the recipient does not support. Assets sent over the wrong network may be lost and may not be recoverable.
Before confirming a withdrawal, users should check the asset, recipient’s wallet address, network and amount. Binance displays the network fee and the amount the recipient will receive. Transfers still need blockchain confirmations, and network traffic can extend the wait.
The 00:21–00:59 section of Binance’s March 21, 2025 withdrawal tutorial covers selecting a crypto asset and network on the website.
