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ETH $1,869.58 +0.42%
BNB $567.32 +1.03%
XRP $1.10 +1.30%
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TRX $0.3328 +0.79%
DOGE $0.0726 +5.22%
ADA $0.1651 +0.84%
BCH $210.12 +0.38%
LINK $8.40 +0.49%
HYPE $58.10 -1.43%
AAVE $92.15 -2.10%
SUI $0.7138 -0.03%
XLM $0.1789 +0.64%
ZEC $482.73 -1.75%

Binance opens multi-signer withdrawal verification for all corporate accounts

2024-07-11 20:06:03
Collection

ChainCatcher message, according to the official announcement, all company accounts that have successfully completed real-name verification (KYB) on Binance can now access multi-signer withdrawal verification. Given the complexity of roles and permissions within financial institutions, multi-signer verification provides an additional layer of security to protect users from unauthorized actions.

For business accounts that choose to enable multi-signer withdrawal verification, members with the approver role will be required to approve any withdrawal requests within a given time frame to prevent unauthorized withdrawals. We strongly encourage business users to take advantage of this additional security feature to reduce account risk.

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