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- Binance adds withdrawal protection to help users freeze withdrawals during coercion.
- Users can lock withdrawals for one to seven days while trading remains unaffected.
- Binance says the tool targets physical threats that standard online safeguards miss.
Binance has introduced Withdraw Protection, a security tool that lets users freeze account withdrawals for a set period. The exchange said the feature is designed for cases where people may face physical pressure to transfer crypto assets against their will.
The new option allows users to lock withdrawals for one to seven days. Once enabled, no withdrawal can be processed until the selected period ends. The restriction also applies to the account owner. Binance said this makes the tool useful when a user is forced in person to move funds.
The feature addresses risks that normal online safeguards do not stop. Crypto users still face phishing, SIM swapping, and seed phrase theft, while physical threats have also grown. By default, the lockdown cannot be canceled early. This keeps funds unreachable for the full time chosen by the user.
Withdraw Protection Offers Flexible Lock Periods
Binance also has an option of “Allow early unlock.” The environment allows freedom to the user who wishes to have the choice before time runs out. The protection can be withdrawn by going to the account security section. It is available to the users via the Binance application or the exchange platform.
The default lock will take 48 hours. Users can adjust such a period to any time between one day and seven days. Once activated, Binance sends an announcement regarding the selected time. Another thing that the notice confirms is the period of lockdown.
The tool affects withdrawals only. The account functions, such as trading, can be used in the presence of the lock. Binance indicated that the service is free to everyone across the world. This process of activation can be accessed by the security tab on the account dashboard.
Other Binance updates are followed by the launch. The exchange changed its policy regarding monitoring its tokens last month and introduced monitoring tags to its mid-cap alternative tokens. The tokens under the update were Harvest Finance, Highstreet, Enzyme, Resolv, Syscoin, TrueFi, and Velodrome Finance. These signs indicate increased volatility and delisting risk.
Binance Updates Token Policy and Security Tools
Binance has also eliminated the seed tag on the Tether Gold. Such a step put XAUT in the bracket of a fully recognized mainstream asset. The new token policy was implemented on April 14, 2026. It represented a distinct shift in the manner in which the exchange identifies some listed assets.
New lockout withdrawal is on the rise as the use of digital assets grows. According to Binance, the tools that respond to the online and real-world risks are significant in building the confidence of the users.
Withdraw Protection has been introduced to the security work of the exchange presented. It stated that the aim is to secure users in areas where the common safeguards might not be effective.
The update comes as the crypto exchanges are being criticized over the protection of funds. Binance claimed that it was still committed to creating a more secure infrastructure to store and trade digital assets.
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