There are various features in Binance, which make
it a unique cryptocurrency platform. One of those features is the whitelisted
address. We are Going to explain what you can enable on your Binance account.
If you are doing trading on Binance, It's Security to know its features to do
Binance? Better trading.
What is
whitelist Address?
When you want to transfer your funds to an
address, it depends upon the Finance address. In simple terms, If an account
whitelist on Binance Login or any other platform
You can send the fund to the how.
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Binance Login |
How its
works
The process is simple. When you have turned off the whitelist
feature, You can send money to any address. Whether the account is verified or
not, it does not matter. It's a security feature offer binance to secure the
account. When the whitelist is on, You can transfer the funds to only those
account which have been whitelisted.
It's an essential feature since hackers are trying
to gain access to your account. Moreover, if they do it via phishing, the
hackers won't be able to withdraw the funds from your account if you have
turned on the whitelist feature.
How to
Enable it?
First, we need to perform Binance login. Then On
the homepage, Go to profile Icon. Now you see a list of all the options. Click
ON the Security Tab. Upon the opening of the security tab, you will see various options. We need to Go
to Address management.
Click on it. Now on the right side, two-factor
will see the option of whitelist OFf and on. Drag it right. It will ask you to
confirm when you confirm it.
After it, Binance will ask you to do two-factor
authentication, Complete it Via Google authentication, Sms Authentication or
Physical security key once the confirmation is done. You can create a
whitelist. However, turned when you are creating the whitelist for the first
time. You need to authenticate again. In two-factor, you encounter a problem at
Binance login, make sure to use two-factor auth for a smooth login.
We hope this blog will help you to create a
whitelist on Binance.
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