Itβs very important to note that there will be a 24-hour withdrawal lock on the newly added withdrawal address. Whitelisted crypto Address whitelisting is a critical security measure on Crypto.com to safeguard your crypto assets. When you whitelist a withdrawal address, you create a list of relevant addresses approved for crypto withdrawals. This significantly limits the chance of unauthorised withdrawals or mishandling of your crypto funds.
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As noted above, crypto exchanges provide withdrawal address whitelisting as a security feature to protect your crypto assets. In this section, we provide a step-by-step example of how to whitelist an address on Binance Exchange. Rated 4.5 out of 5 stars by our customers Proof of Reserves
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BITCOIN PRICE RISES LEADING CRYPTOCURRENCIES HIGHER Sign up or log in A blacklist is the opposite of a whitelist. A blacklist prevents wallet addresses from performing specific actions. The action in question is typically the ability to buy or sell.
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