What Is A Whitelist Crypto

Making Money, or in other words, creating assets has become quite easy with the rising popularity of cryptocurrency but with a risky proportion. And now that you are in the right place now, you will get a step-by-step guide on how to start buying and trading cryptos.

So, Let’s deep dive in the world of cryptocurrency and get the answers to the most common questions – What Is A Whitelist Crypto

What is a cryptocurrency whitelist?

In the world of cryptocurrencies, whitelists are most used in the context of ICOs, or in terms of withdrawal addresses. Investors who want to participate in ICOs will normally be whitelisted after they provide their personal information.

What is a whitelist and how does it work?

In regards to withdrawal addresses, a whitelist refers to a list of cryptocurrency addresses that users consider credible to transact with. In that case, they would only be able to withdraw funds from their exchange account to the addresses that are already whitelisted.

What is a whitelist in the blockchain space?

In the blockchain and cryptocurrency space, a whitelist is a term associated with Initial Coin Offering (ICO) events, or withdrawal addresses for exchanges. With regards to an ICO event, a whitelist is a list of registered and approved participants that are given exclusive access to contribute to an ICO or a pre-sale.

How do I withdraw Crypto to an address not whitelisted?

If you wish to withdraw crypto to an address not whitelisted in your Address Book, add this new address to your Address Book (see below for more help). This new address will be available after the 48-hour hold period. How to Whitelist a new address