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Binance Opens Multi-Validator Withdrawal Verification to All Corporate Accounts

Binance Opens Multi-Validator Withdrawal Verification to All Corporate Accounts

2024-07-11 12:00

Fellow Binancians,

To further enhance account security, effective immediately, all corporate accounts that have successfully completed their Entity Verification (KYB) on Binance now have access to multi-validator verification for withdrawals.

Given the complexity of roles and permissions within financial institutions, multi-validator verification provides an additional layer of security, protecting users against unauthorized operations. For corporate accounts that choose to enable multi-validator withdrawal verification, members with Approver roles will be requested to approve any withdrawal request within a given time range to prevent unauthorized withdrawals.

We strongly encourage corporate users to make use of this additional security feature to mitigate the account risk. For more details, please refer to our How to Enable Multi-Validator Verification FAQs.

Other Important Information

Thank you for your support!

Binance Team

2024-07-11

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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

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