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BTC $67,088.61 -1.29%
ETH $1,970.37 -0.90%
BNB $611.07 -1.86%
XRP $1.46 +0.53%
SOL $82.47 -2.93%
TRX $0.2798 -0.34%
DOGE $0.0998 -0.58%
ADA $0.2808 -0.85%
BCH $554.96 -1.12%
LINK $8.71 -1.86%
HYPE $28.90 -2.74%
AAVE $125.63 -1.80%
SUI $0.9514 -2.62%
XLM $0.1651 -0.97%
ZEC $281.04 -3.86%

Binance opens multi-signer withdrawal verification for all corporate accounts

2024-07-11 20:06:03
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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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