What an address whitelist actually protects
A whitelist locks withdrawals to addresses you registered earlier. The delay on changing it is the protection.
An address whitelist lets funds be withdrawn only to addresses you registered in advance, and adding or changing one normally goes through a waiting period - so an attacker who gets into the account still cannot move the balance straight away.

Key points
The delay is the point
The protection comes from the wait on changing an address. During it you get an email or an in-platform notice, which is the window to spot the change and freeze the account.
A whitelist is not a replacement for two-factor
It only restricts where withdrawals can go. Signing in, trading, and using the platform still need a second factor. Turn on both.
Common questions
Can I still withdraw to a new address?
Yes, but you register it first and wait out the delay. The platform's own page shows how long that is.
Should deposit addresses be whitelisted too?
A whitelist only affects withdrawals. For a deposit, check the first and last characters of the address before you send - a wrong chain or address cannot be recalled.
Keep reading
Sources:The account-security pages in platform help centres · The wait and the switch are whatever each platform's help centre currently states · Checked on 2026-09-19
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