Binance Opens Withdrawal Multi-Party Verification Tool to All Certified Corporate Accounts
According to the official announcement, all corporate accounts that have successfully completed the Enterprise Certification (KYB) at Binance will now be able to use the Withdrawal Multi-Party Verification Tool. Based on the complexity of the Financial Institution Group team and the diversity of permissions, the Withdrawal Multi-Party Verification Tool provides additional security protection against unauthorized user actions.
For corporate accounts that choose to enable the Withdrawal Multi-Party Verification Tool, members with the Approver role will be required to approve withdrawal requests within a given timeframe to avoid unauthorized withdrawal requests. Corporate users are advised to enable this security feature to reduce account risk.