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 self-imposed delay is designed to give account holders a 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 or social-engineering attacks where the account holder may not notice immediately. The opt-in control adds a meaningful layer of custody hygiene without requiring users to move assets off-exchange.
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