What is Withdrawal via Address Book?

Withdrawal via the address book allows you to withdraw assets from BYDFi to any crypto address if the feature is not enabled. However, if you enable the withdrawal address whitelist function, your account will only be able to withdraw assets to the addresses listed in the whitelist.

To enhance account security, when a new address is added to the address book, withdrawals to this address will be temporarily restricted for 24 hours. This measure is designed to protect your account from suspicious activities.

Why Use a Withdrawal Address Book?

The withdrawal address book serves to:

• Allow users to add specific wallet addresses to a whitelist, ensuring withdrawals are made only to authorized wallet addresses.
• Enhance security by preventing unauthorized access and accidental asset transfers.

By enabling this feature, you can significantly reduce the risk of unauthorized withdrawals and protect your digital assets.

How to Manage Withdrawal Address Whitelist

Click on Assets ➝ Withdraw in the upper right corner of the page

Click on Manage Address

Click on Add Address

Select the Coin, Network, and enter your withdrawal address and TAG (If applicable)

You can also choose to skip verification for the next time you use the address.
For more information, please refer to What is Withdrawal Without Verification?