Changpeng Zhao: Trust Earned in Hard Times After Withdrawal Resumption
CZ said a 2.1% net outflow after withdrawals resumed, but 98% of users stayed, emphasizing that trust is earned in tough periods.
Key takeaways
- A brief withdrawal pause led to a modest net outflow but most users stayed.
- CZ frames the episode as a test of Binance’s credibility and long‑term trust.
- The message aims to calm the market and reinforce confidence in the exchange’s resilience.
Changpeng Zhao, founder of Binance, posted on X on November 1, 2026, after the exchange lifted a temporary withdrawal freeze. He noted that within 12 hours of resuming withdrawals the platform saw a 2.1% net outflow, with most of the movement occurring in the first few hours and over $1 billion in total flow. Zhao highlighted that despite the outflow, 98% of users chose to keep their funds on Binance, using the moment to stress that trust is built by actions during crises, not just words. The post matters because it addresses user concerns after a high‑profile liquidity pause, reassures the market about Binance’s stability, and signals confidence in the exchange’s risk management.
“12 hours after withdrawals resumed: 2.1% net outflow, with most occurring in the first couple of hours. Over $1 billion in flow, too. 98% choose to stay! Trust isn’t earned by what you say in good times. It’s earned by what you do in hard times. Thank you for your trust! 🙏🙏🙏🙏”
— Changpeng Zhao (@cz_binance) on X · X ↗
Changpeng Zhao is not affiliated with COINMAG. The quote comes from a public post on X; the context was written by the COINMAG newsroom.

Discussion 0