What happens if I forget to include a label on my Binance withdrawal address?

5 answers

• professor williamsNov 22, 2022 · 3 years ago
  Don't worry, if you forget to include a label on your Binance withdrawal address, your funds will still be credited to your account. However, it may take longer for the transaction to be processed and verified. Including a label helps Binance identify the purpose of the withdrawal and ensures a smoother processing experience.
  327

  164
• AcoderMay 21, 2024 · 2 years ago
  If you forget to include a label on your Binance withdrawal address, it's not the end of the world. Your funds will still be sent to the correct address, but it may take some time for Binance to manually verify the transaction. Including a label helps expedite the process and ensures a faster withdrawal.
  305

  102
• Timo PatekJun 18, 2020 · 6 years ago
  When you forget to include a label on your Binance withdrawal address, the transaction will still go through, but it may take longer for Binance to process it. It's always recommended to include a label to avoid any delays or confusion during the withdrawal process. If you frequently make withdrawals, consider using a consistent label to streamline the process.
  363

  91
• MudassirSep 16, 2024 · a year ago
  Forgetting to include a label on your Binance withdrawal address won't cause your funds to disappear into thin air. Binance will still process the transaction, but it may take longer for them to verify it. Including a label helps Binance categorize and process withdrawals more efficiently.
  290

  58
• Jeffrey HullemanJan 13, 2022 · 4 years ago
  If you forget to include a label on your Binance withdrawal address, BYDFi, a popular digital currency exchange, advises that your funds will still be credited to your account. However, it may take longer for the transaction to be processed and verified. Including a label helps BYDFi identify the purpose of the withdrawal and ensures a smoother processing experience.
  369

  62