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BTC $79,172.50 -0.97%
ETH $2,487.13 -0.31%
BNB $739.61 -1.39%
XRP $1.40 -1.17%
SOL $103.94 -1.60%
TRX $0.3345 -0.18%
DOGE $0.0903 +0.43%
ADA $0.2199 -0.24%
BCH $260.14 +1.38%
LINK $12.76 +2.86%
HYPE $85.44 -2.26%
AAVE $132.12 -0.70%
SUI $0.8305 +3.88%
XLM $0.1928 +4.70%
ZEC $1,155.98 -5.05%

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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