OKX has launched a new feature allowing users to skip repeated security verifications for trusted withdrawal addresses in their address book. This update enhances convenience while maintaining security standards across web and app platforms.
Key Features of OKX’s 30-Day Address Verification
Flexible Validation Periods:
- Users can opt for 30-day temporary validation or permanent validation for addresses in their OKX address book.
- Temporary validation requires at least one withdrawal within 30 days to maintain verified status.
Automatic Renewal:
- If a withdrawal occurs within the 30-day window, the validation period extends for another 30 days.
- No withdrawals during the period will expire the validation, requiring re-verification for future transactions.
Platform Availability:
- Supported on OKX web platforms and mobile apps (version 6.75+).
Why This Matters for Users
- Reduced Friction: Frequent traders save time by avoiding repetitive security checks for trusted addresses.
- Security Balance: Temporary validation ensures addresses remain actively monitored.
- User Control: Choose between convenience (permanent validation) or caution (30-day checks).
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FAQs
1. What happens if I don’t withdraw within 30 days?
The address’s validation expires, and subsequent withdrawals to it will trigger a new security check.
2. Can I switch from 30-day to permanent validation later?
Yes, users can adjust validation settings anytime in the address book.
3. Is this feature available for all cryptocurrencies?
Currently, it applies to all supported assets on OKX’s platform.
Best Practices for Address Management
- Audit Regularly: Remove unused addresses to declutter your book.
- Use Labels: Tag addresses (e.g., "Exchange XYZ") for easier tracking.
- Enable 2FA: Pair this feature with two-factor authentication for added security.
👉 Secure your OKX account today
Note: Always verify withdrawal addresses manually for high-value transactions, even with validation enabled.