Cryptocurrency security is a top priority for traders and investors. One of the best ways to protect your funds on Binance is by enabling the Withdrawal Whitelist feature. This ensures that withdrawals can only be made to trusted addresses, reducing the risk of unauthorized transactions.
In this guide, we’ll walk you through the step-by-step process of enabling the withdrawal whitelist on Binance.
1. What is the Binance Withdrawal Whitelist?
The Withdrawal Whitelist is a security feature that restricts withdrawals to a pre-approved list of addresses. Once enabled, even if a hacker gains access to your account, they cannot withdraw funds to an unapproved address.
Why Use the Withdrawal Whitelist?
✔️ Prevents unauthorized withdrawals if your account is compromised.
✔️ Adds an extra layer of security for your crypto assets.
✔️ Reduces the risk of scams by ensuring funds are sent only to trusted wallets.
2. How to Enable Withdrawal Whitelist on Binance
Step 1: Log in to Your Binance Account
- Go to Binance.com and log in to your account.
- Navigate to the Security section under User Profile.
Step 2: Access Withdrawal Settings
- Click on Manage Withdrawal Addresses under the Security tab.
- Select Address Management to view or add withdrawal addresses.
Step 3: Add a Trusted Wallet Address
- Click Add Withdrawal Address.
- Select the cryptocurrency you want to whitelist.
- Enter your wallet address and assign it a label (e.g., “My Cold Wallet”).
- Choose the network type (e.g., Ethereum, BNB Smart Chain, Bitcoin, etc.).
- Click Save and complete the security verification (Email & 2FA).
Step 4: Enable the Whitelist Feature
- Navigate back to Withdrawal Whitelist Settings.
- Toggle ON the option “Enable Withdrawal Whitelist”.
- Confirm your action through 2FA authentication (Google Authenticator or SMS).
🚨 Important Note: Once enabled, withdrawals will only be processed to the whitelisted addresses. If you need to add a new address, you must disable the whitelist, add the address, and re-enable it.
3. How to Manage Your Whitelisted Addresses
To add, remove, or update addresses:
- Go to Security > Address Management.
- Edit or remove addresses as needed.
- Re-enable the whitelist after making changes.
💡 Tip: Only whitelist addresses you trust, such as your hardware wallet (Ledger, Trezor) or a personal secure wallet.