Cryptocurrency transactions require precision and security. One mistyped character in a wallet address can result in permanent loss of funds. To help users and streamline the process, Coins.ph offers a Wallet Address Whitelist feature.
This is a helpful feature that allows you to save recipient or sender information for crypto transfers. Save details such as the wallet address, recipient name, destination wallet / exchange, and purpose of your transfer. This will allow you to make recurring crypto transactions and minimize errors when you input your deposit or withdrawal details
Benefits of Using a Wallet Address Whitelist
- Enhanced Security: Protect your funds from unauthorized withdrawals and potential hacks
- Error Prevention: Eliminate the risk of sending crypto to incorrect addresses
- Convenience: Save time on repetitive transactions by storing frequently used addresses
- Transaction Details: Keep records of recipient information, destination wallet/exchange, and purpose of transfers
How to Add Wallet Addresses to Your Whitelist
You can manage your wallet address book through a multitude of ways. Below are step-by-step instructions for said methods.
Method 1: From Account Settings
1. Login to your Coins account on the app or website.
2. Access Account Settings by tapping the Account icon.
3. Navigate to Security section and find Address Whitelist.
|
On the Coins App |
On the Coins Website |
4. Add addresses by tapping Add address.
|
On the Coins App |
On the Coins Website |
5. Provide the following required details:
- Wallet address (double-check for accuracy)
- Recipient name
- Destination wallet/exchange
- Purpose of transfer (optional)
|
On the Coins App |
On the Coins Website |
6. Complete verification by entering any required OTPs sent to your registered devices.
7. Confirm the addition to finalize adding the address to your whitelist.
Method 2: From your Deposit/ Withdraw Crypto Transaction
1. Login to your Coins account on the app or website.
2. Access Send Crypto function by tapping the Account icon.
3. Select to send to an external wallet.
- To send to an external wallet, choose ‘Send to external wallet’ and select the network you would like to use and input the amount you want to send.
|
On the Coins App |
On the Coins Website |
- If you are using a QR code either scan or upload this. If you are sending crypto via a wallet address copy paste the complete address in the field provided.
4. Provide the details of your external cryptocurrency transaction. On the Confirmation part, click the tick box below, stating Add address to whitelist for quick transactions.
|
On the Coins App |
On the Coins Website |
Can I save the information for future use?
Yes. For your convenience, an Address Whitelist feature is available for you to use under your Account Settings. This allows you to save recipient and sender information in an Address Book for your recurring transactions. Learn more here on how to use Address Whitelist under Settings.
Best Practices for Users
- Maintain accurate personal information
- Prepare required details before transactions
- Understand platform-specific requirements
- Stay informed about regulatory changes