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BTC $79,019.36 +0.37%
ETH $2,495.35 +0.14%
BNB $752.43 -0.40%
XRP $1.42 +1.55%
SOL $103.61 -0.06%
TRX $0.3390 +0.18%
DOGE $0.0901 -0.45%
ADA $0.2179 -1.24%
BCH $257.41 -0.26%
LINK $12.25 -3.72%
HYPE $85.92 +1.85%
AAVE $128.59 -2.38%
SUI $0.8088 -2.37%
XLM $0.1875 -1.94%
ZEC $1,236.60 +7.82%

Binance opens multi-signer withdrawal verification for all corporate accounts

2024-07-11 20:06:03

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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