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Bitcoin.com
April 5, 2026 3:34 PM UTC

Binance Launches Withdrawal Lock Feature to Block Forced Fund Transfers

Binance Launches Withdrawal Lock Feature to Block Forced Fund Transfers

Binance added Withdraw Protection to block on-chain withdrawals for one to seven days, targeting forced crypto transfers during in-person coercion. The feature keeps trading and account access available while delaying outgoing transfers by default. Key Takeaways: Binance introduced Withdraw Protection to block on-chain withdrawals during user-selected lockdown windows. Coercion risks can bypass passwords, 2FA, and

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