Coinbase rolls out transfer and cash withdrawal protection settings
- —Users can set daily limits, extra verification and transaction delays
- —Trusted-contact verification generates a unique code per transaction
- —Settings apply to crypto transfers and cash withdrawals
- —Changing or disabling protections may not take effect immediately
Why it matters: Stronger safeguards against unauthorized withdrawals reduce the risk of account takeovers and fund losses for exchange clients.
Source: TokenPost