Binance has launched a Withdraw Protection feature that lets users set a mandatory lock period of between one and seven days on on-chain withdrawals. The opt-in control is designed to give account holders a buffer window to catch and reverse unauthorised activity before funds leave the platform.
Notably, Binance frames the feature as protection against a broader threat surface than external hacks alone — covering scenarios like compromised credentials, social engineering, or account takeover. The move reflects a wider industry push toward giving users more granular, self-directed security controls rather than relying solely on platform-side safeguards.
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Binance Launches Withdraw Protection
Binance announced the launch of a “Withdraw Protection” feature, allowing users to set a 1–7 day lock period on on-chain withdrawals. The feature aims to mitigate a broader range of security risks beyond external attacks, enhancing user control and protection over assets. https://t.co/WFK3O2ja0X
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