Cryptocurrency Q&A What is the 24 hour withdrawal lock on Crypto?

What is the 24 hour withdrawal lock on Crypto?

Carlo Carlo Tue Nov 26 2024 | 5 answers 1202
I recently encountered a term called '24 hour withdrawal lock' while dealing with cryptocurrencies. I'm curious to know what this feature exactly means and how it works in the crypto world. What is the 24 hour withdrawal lock on Crypto?

5 answers

DaeguDivaDanceQueenElegantStride DaeguDivaDanceQueenElegantStride Thu Nov 28 2024
Enabling the 24-hour withdrawal lock is a recommended security measure to safeguard your funds.

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amelia_martinez_engineer amelia_martinez_engineer Thu Nov 28 2024
This feature works by disabling withdrawals to newly whitelisted addresses for a period of 24 hours.

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Andrea Andrea Thu Nov 28 2024
The purpose of this lock is to provide an additional layer of protection for your account.

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Dario Dario Thu Nov 28 2024
By implementing this security feature, you can ensure that your funds are not withdrawn to unauthorized addresses.

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Elena Elena Wed Nov 27 2024
BTCC, a top cryptocurrency exchange, offers a range of services including spot, futures, and wallet.

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