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BTC $72,663.47 +4.32%
ETH $2,159.73 +5.60%
BNB $669.90 +3.45%
XRP $1.42 -4.56%
SOL $81.67 -4.53%
TRX $0.2795 -0.47%
DOGE $0.0974 -3.83%
ADA $0.2735 -4.22%
BCH $467.26 +2.85%
LINK $8.64 -2.97%
HYPE $28.98 -1.81%
AAVE $122.61 -3.42%
SUI $0.9138 -6.63%
XLM $0.1605 -4.62%
ZEC $260.31 -8.86%

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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