--- title: "Binance Launches Withdrawal Protection Feature" type: "News" locale: "en" url: "https://longbridge.com/en/news/285783172.md" description: "Binance has launched a new feature called Withdrawal Protection, allowing users to set a custom lockdown period of up to seven days in their Security Settings. This feature aims to prevent unauthorized on-chain withdrawals. The announcement was made via an official tweet, encouraging users to share product ideas. Additionally, BNB, the native coin of the BNB Chain ecosystem, serves multiple functions including reducing trading fees and facilitating transactions across various platforms." datetime: "2026-05-08T23:04:19.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285783172.md) - [en](https://longbridge.com/en/news/285783172.md) - [zh-HK](https://longbridge.com/zh-HK/news/285783172.md) --- # Binance Launches Withdrawal Protection Feature Binance announced the launch of Withdrawal Protection. According to the post, users can now set a custom lockdown period of up to seven days in Security Settings to help prevent unauthorized on-chain withdrawals. Refer to the **official tweet by BNB:** > You asked, we delivered. > > Withdraw Protection is now live. Set a custom lockdown period of up to 7 days in your Security Settings to help prevent unauthorized onchain withdrawals. > > Got more product ideas? > > Share with us 👉 https://t.co/FevwVmOVoK pic.twitter.com/Kur1A65dew > > May 08, 2026 **BNB Info** BNB is the native coin that powers the BNB Chain ecosystem, including the BNB Beacon Chain and BNB Smart Chain. It serves several functions, such as reducing trading fees on the Binance exchange, paying for transaction fees on both the BNB Beacon Chain and BNB Smart Chain, and being utilized in games and DApps within the BNB Chain ecosystem. It’s also employed to participate in token sales hosted on the Binance Launchpad and provide liquidity on Binance Liquid Swap. Furthermore, BNB can be used for real-world applications, including online and in-store purchases and travel bookings on platforms like Travala.com. As of September 2020, with the launch of the BNB Smart Chain, BNB can exist in three forms: BNB BEP-2 on the BNB Beacon Chain, BNB BEP-20 on the BNB Smart Chain, and BNB ERC-20 on the Ethereum network. ### Related Stocks - [ETHE.US](https://longbridge.com/en/quote/ETHE.US.md) - [BNBX.US](https://longbridge.com/en/quote/BNBX.US.md) - [HUT.US](https://longbridge.com/en/quote/HUT.US.md) - [COIN.US](https://longbridge.com/en/quote/COIN.US.md) - [GBTC.US](https://longbridge.com/en/quote/GBTC.US.md) - [GLXY.US](https://longbridge.com/en/quote/GLXY.US.md) - [RIOT.US](https://longbridge.com/en/quote/RIOT.US.md) - [EETH.US](https://longbridge.com/en/quote/EETH.US.md) - [BRRR.US](https://longbridge.com/en/quote/BRRR.US.md) - [EZBC.US](https://longbridge.com/en/quote/EZBC.US.md) - [TETH.US](https://longbridge.com/en/quote/TETH.US.md) - [COIW.US](https://longbridge.com/en/quote/COIW.US.md) - [BTCW.US](https://longbridge.com/en/quote/BTCW.US.md) - [ETHW.US](https://longbridge.com/en/quote/ETHW.US.md) - [CONL.US](https://longbridge.com/en/quote/CONL.US.md) - [QETH.US](https://longbridge.com/en/quote/QETH.US.md) - [GSOL.US](https://longbridge.com/en/quote/GSOL.US.md) - [FBTC.US](https://longbridge.com/en/quote/FBTC.US.md) - [CETH.US](https://longbridge.com/en/quote/CETH.US.md) - [HODL.US](https://longbridge.com/en/quote/HODL.US.md) - [BLOK.US](https://longbridge.com/en/quote/BLOK.US.md) - [ETHA.US](https://longbridge.com/en/quote/ETHA.US.md) - [FETH.US](https://longbridge.com/en/quote/FETH.US.md) - [ETH.US](https://longbridge.com/en/quote/ETH.US.md) - [BSOL.US](https://longbridge.com/en/quote/BSOL.US.md) - [BTF.US](https://longbridge.com/en/quote/BTF.US.md) - [COIG.US](https://longbridge.com/en/quote/COIG.US.md) - [LMBO.US](https://longbridge.com/en/quote/LMBO.US.md) - [ETHV.US](https://longbridge.com/en/quote/ETHV.US.md) - [BLCN.US](https://longbridge.com/en/quote/BLCN.US.md) - [BITB.US](https://longbridge.com/en/quote/BITB.US.md) - [BTCO.US](https://longbridge.com/en/quote/BTCO.US.md) - [BITO.US](https://longbridge.com/en/quote/BITO.US.md) - [IBIT.US](https://longbridge.com/en/quote/IBIT.US.md) - [EZET.US](https://longbridge.com/en/quote/EZET.US.md) - [ARKB.US](https://longbridge.com/en/quote/ARKB.US.md) ## Related News & Research - [Arbitrum-based derivatives venue Variational raises $50 million Series A led by Dragonfly](https://longbridge.com/en/news/287094874.md) - [Programmable Strategy Meets Seamless Execution: SimpleSwap Supercharges Kuvi.ai](https://longbridge.com/en/news/286596674.md) - [Hut 8 Commits $16 Million to Expand Water Infrastructure in West Feliciana Parish | HUT Stock News](https://longbridge.com/en/news/286894933.md) - [12:34 ETChecker Raises $8M from Galaxy Ventures, Al Mada Ventures and Framework Ventures to Unify Fragmented Digital Asset Markets for Institutions](https://longbridge.com/en/news/286945819.md) - [THORChain Price Outlook: Panic or Opportunity After RUNE Crashes 30%?](https://longbridge.com/en/news/286643134.md)