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Yes — Withdrawal Protection is a new Binance security update. It was introduced around April–May 2026 and is designed to protect users from forced or unauthorized withdrawals, especially in real-world coercion situations. (binance.com)

What it does: 🤔

Lets you lock on-chain withdrawals for a chosen period.

You can set the lockdown from 1 to 7 days.

The default period is 2 days / 48 hours.

By default, it’s a full lock, meaning withdrawals stay blocked until the timer ends.(binance.com)

Optional setting:❓

Binance also offers “Allow to unlock in advance”.

If enabled, early unlock requires stronger verification such as a security key and authenticator app. (binance.com)

Where to enable it:

App: Account Center → Profile → Security → Withdraw Protection

Web: Profile → Account → Security → Advanced Security → Withdraw Protection (binance.com)

Why this is a big update: It adds protection beyond password and 2FA by helping block withdrawals even if someone pressures you in person. Binance describes it as protection against real-world threats and physical coercion. (binance.com)
🔥 How to turn it on step-by-step in your Binance app.❓
Sure — here’s the step-by-step to turn on Withdraw Protection in Binance:

On Binance App

Open the Binance app and log in.

Tap Account Center on the homepage.

Tap your profile to open Account Info.

Tap Security.

Tap Withdraw Protection.

Choose your lockdown period:

From 1 to 7 days

Default is 2 days

Decide whether to enable Allow to unlock in advance.

If you enable it, Binance requires Security Key + Authenticator

Email and phone can be optional

Tap Confirm.

On Binance Website

Log in to Binance.

Go to Profile → Account.

Open Security → Advanced Security → Withdraw Protection.

Set the lockdown period and confirm.

Important

During the lockdown period, all on-chain withdrawals are blocked.

If you don’t change settings, early unlock is off by default.

On iPhone/iOS, Binance says you need iOS 16+ and app version 3.14.0+ for this feature

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