According to the official announcement, all corporate accounts that have successfully completed the Enterprise Certification (KYB) at Binance will now be able to use the Withdrawal Multi-Party Verification Tool. Based on the complexity of the Financial Institution Group team and the diversity of permissions, the Withdrawal Multi-Party Verification Tool provides additional security protection against unauthorized user actions.
For corporate accounts that choose to enable the Withdrawal Multi-Party Verification Tool, members with the Approver role will be required to approve withdrawal requests within a given timeframe to avoid unauthorized withdrawal requests. Corporate users are advised to enable this security feature to reduce account risk.
Binance Opens Withdrawal Multi-Party Verification Tool to All Certified Corporate Accounts
2024-07-11 12:06:29
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