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BTC $61,073.20 -1.42%
ETH $1,571.35 -4.86%
BNB $575.46 -2.42%
XRP $1.09 -2.26%
SOL $62.91 -4.19%
TRX $0.3201 -1.47%
DOGE $0.0820 -1.54%
ADA $0.1580 -2.15%
BCH $217.29 -1.17%
LINK $7.38 -1.80%
HYPE $59.24 -4.45%
AAVE $62.00 -4.71%
SUI $0.7114 +0.65%
XLM $0.2012 +6.97%
ZEC $370.70 +16.79%

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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