How to Manage Withdrawal Settings for My Binance Account?

2020-07-09 15:37

Last updated: 28 May 2024

Under [Settings], you can set a range of parameters for when you are making withdrawals from your Binance account. Functionalities include whitelisting addresses, adjusting time frames, enabling one-step withdrawal, and choosing from on-chain or off-chain transfers.

How to enable the withdrawal whitelist?

1. Log in to your Binance account and mouseover the profile icon. Go to [Settings].

2. Scroll down to 'Withdrawal'. Click [Enable] next to [Withdrawal Whitelist].

3. Please note that when you enable the withdrawal whitelist function, you can only withdraw to addresses on your whitelist. Click [Enable] to confirm.

4. Verify the request with passkey or 2FA. Your withdrawal whitelist is now enabled.

How to disable the withdrawal whitelist?

1. Under [Settings] - [Withdrawal], click [Disable] next to [Withdrawal Whitelist].

2. Read the notes carefully before clicking [Confirm].

Note: Once the withdrawal whitelist function is disabled, you'll be able to withdraw to any address. However, if you've enabled the withdrawal whitelist previously, your withdrawal will be temporarily suspended for a certain time limit (24, 48, or 72 hours).

3. Verify the request with passkey or 2FA.

How to add a withdrawal address to the whitelist?

1. Under [Settings] - [Withdrawal], click [Address Management].

2. Hover over [Add] and select [Add address] or [Add Multiple Addresses].

3. Label the address using a familiar name. Then, either select a crypto for the address or set it as a universal address. Please note that if you select a crypto, for example, BNB, you must also select the network the address resides in.

4. If you’ve selected [Address Origin (Optional)]; select [Exchange Address] if you are using an exchange like Binance, [Wallet Address] if you are using a wallet, or [Other]. Check off [Add Address to Whitelist] and click [Save].

5. Complete 2FA to verify your request and the address will be added to your whitelist.

Note: Modifications in withdrawal whitelist could lead to temporary withdrawal suspension for a certain time limit (24, 48, or 72 hours).

How to remove a whitelisted address?

1. Click the [...] next to the address you want to remove from the whitelist. Then, select [Remove from Whitelist].

2. Click [Remove] to confirm.

How to enable/disable the one-step withdrawal function?

The one-step withdrawal function allows you to withdraw a small amount of assets to a whitelisted address without having to complete 2FA verification.

Please note that you may still be required to complete 2FA after enabling the one-step withdrawal function.

1. Under [Settings] - [Withdrawal], click [Enable] next to [One-step Withdrawal].

2. Select a quota for the one-step withdrawal and click [Confirm].

3. Verify with your passkey or 2FA.

4. To change the quota or disable the function, click [Manage].

How to enable/disable the whitelist withdrawal limit?

The whitelist withdrawal limit function suspends withdrawals to newly-added whitelist addresses for a selected time period. In the unfortunate event that hackers add a new withdrawal address to your whitelist, they won’t be able to withdraw your funds within the withdrawal limit period, giving you more time to secure your Binance account.

1. Under [Settings] - [Withdrawal] - [Whitelist Withdrawal Limit], click [Enable].

2. Select a time period to limit withdrawals to your newly-added whitelist addresses. Click [Confirm].

3. The whitelist withdrawal limit has been enabled for the selected time period. To change the time period, or to disable the function, click [Manage].

4. Read the notes carefully before clicking [Confirm].

Please note that after disabling this function, you’ll be able to withdraw to all whitelisted addresses immediately, including new ones. Therefore, we recommend that you keep the whitelist withdrawal limit on.