Whitelist

Understanding the Concept of Whitelist

A whitelist plays a crucial role in the world of cryptocurrencies.

When individuals sign up for the mailing list of a specific cryptocurrency company, they are often asked to add the company’s email address to their whitelists.

The main purpose of this action is to ensure that emails from the company do not get flagged as spam by the recipients.

In addition, cryptocurrency companies have the option to pay for their inclusion in a whitelist maintained by internet service providers.

In the cryptocurrency industry, whitelists are primarily used in the context of Initial Coin Offerings (ICOs) and withdrawal addresses.

Investors who want to participate in ICOs are usually added to a whitelist after providing their personal information.

When it comes to withdrawal addresses, a whitelist refers to a list of cryptocurrency addresses that are considered reliable and trustworthy.

Only addresses listed in such whitelists are allowed to withdraw funds from exchange accounts.