Cryptocurrency Q&A What is the 24 hour withdrawal lock on Bybit?

What is the 24 hour withdrawal lock on Bybit?

BonsaiVitality BonsaiVitality Wed Mar 19 2025 | 6 answers 1381
I heard about a feature on Bybit called the 24-hour withdrawal lock. I'm curious about what it is and how it works. Can someone explain this to me in simple terms? What is the 24 hour withdrawal lock on Bybit?

6 answers

ZenHarmony ZenHarmony Fri Mar 21 2025
It operates by temporarily suspending withdrawals for a specified duration.

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Daniele Daniele Fri Mar 21 2025
Specifically, withdrawals to newly-added whitelisted addresses are halted for 24 hours.

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KDramaLegendaryStarlight KDramaLegendaryStarlight Fri Mar 21 2025
This function serves as an extra safeguard for your finances.

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CoinMaster CoinMaster Fri Mar 21 2025
This measure is designed to prevent unauthorized access and theft.

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Marco Marco Fri Mar 21 2025
By implementing this feature, your funds are better protected.

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