15 Tips to Improve Your Binance Account Security

Key points of the article:

• Keeping your Binance account secure is a shared responsibility – While Binance makes constant efforts to update and enhance its security measures, Binance users should also practice good security habits.

• To help improve your account security, here are 15 tips to keep in mind at all times.

As Binance users, we must work together to ensure that our ecosystem remains SAFU (Safe). To make this task easier, we have compiled some important security habits that you should always practice (updated February 22, 2023).

Security is a top priority at Binance. We invest countless hours and resources to protect our platform from malicious actors, including integrating big data analytics and AI algorithms, as well as partnerships with cybersecurity and compliance firms in the blockchain industry. However, the best security partnership we can have is with our own Binance community.

Every Binance user has the power to help ensure that the community remains safe from attackers, starting with adopting regular habits that help protect accounts. Through our regulatory commitment to limiting unauthorized activity, and by fostering a sense of security in our community, we can create a safer environment for all digital asset users.

15 Tips to Improve Your Binance Account Security

1. Always enable two-factor authentication (2FA).

Enabling two-factor authentication (2FA) on your Binance account is the first step to protecting your funds. Currently, we offer the following 2FA options: Biometric, Security Key, Authenticator App, Email, and Phone Number. Although 2FA via SMS is easier, it can be a target for attacks (such as SIM swapping).

Since June 2019, we have supported the use of physical security keys such as YubiKey from Yubico. These devices ensure secure access to your account when connected or paired wirelessly.

2. Review the list of devices authorized to access your Binance account.

If you notice any unknown device or you no longer use it, remove it.

To remove a device:

a) Log in to your Binance account and go to [Profile] in your browser or app.

b) Check [Devices] in the [Security] section of the application menu.

c) Remove any unknown or unused device. Once removed, this device will not have any access to your account unless you authorize it via email.

3. Use a strong password for your Binance account and change it regularly.

Your password must be at least 8 characters long, with one uppercase letter, one lowercase letter, one special character, and one number. We recommend that you do not use passwords that you have already used on other sites or applications.

However, even a strong password can be hacked, so make sure to change it regularly. This practice should not only apply to your Binance account, but also to your email and other accounts (especially those associated with financial accounts). For security, withdrawals will be suspended for 24 hours if you change your Binance account password.

4. Only allow withdrawals to addresses you trust and review the list of allowed addresses regularly.

Binance's Manage Withdrawal Addresses feature allows you to specify which wallet addresses you can withdraw funds to.

Since adding any address requires email confirmation, this feature provides additional protection in case of unauthorized access. To enable this feature, enable the [Allowed List] option in the [Manage Withdrawal Addresses] section.

5. Complete identity verification for your Binance account.

This verification allows you to trade on the Binance platform, protects you from attackers who might claim ownership of your account, and makes it easier to quickly resolve any issues you may encounter through the support team.

Identity verification, also known as Know Your Customer (KYC), has become an important part of cryptocurrency services, especially on large platforms like Binance.

6. Put some money in your own wallet (such as Trust Wallet).

But you have to be very careful. It doesn’t matter how secure the trading platform is, because many people think that the money is safer if it is in your own possession.

Trust Wallet, Binance’s official cryptocurrency wallet, is a convenient way to store your funds securely away from third parties. It supports most major cryptocurrencies, all ERC-20 tokens, and is available on Android and iOS. You can also integrate your wallet with Binance DEX to trade directly.

7. Take necessary measures to protect your account when using the API.

Many Binance users use APIs to customize their trading experience. While APIs offer a more personalized trading experience, they should be used with caution.

When using the API, take measures such as restricting access via IP address, not sharing API keys with third parties, changing keys regularly, and using a list of allowed addresses for withdrawal.

8. Regularly check official messages from Binance to stay informed about security updates.

At Binance, we make sure to notify all users of any security updates, whether via email, FAQ posts, or blogs.

9. Make sure your internet connection is secure.

This includes your Internet Service Provider (ISP) and any software services you use. Avoid connecting to public and shared Wi-Fi networks whenever possible, as they expose you to attackers trying to intercept your data.

10. Install antivirus software and be careful of unsafe applications and programs.

Make sure the apps you use and files you download aren’t infected with malware that could harm your data. Protect all your devices with your favorite antivirus software and make sure it’s updated regularly.

11. Lock your phone

If you use your phone for 2FA and other sensitive activities, it’s important to keep it secure at all times. Whether it’s a password or a fingerprint, any extra layer of security helps protect your accounts.

12. Use a secure password manager.

While it is recommended to use strong, unique passwords for each account, they can be difficult to remember. Password managers make it easier to keep track of complex passwords, and many of these services use advanced encryption techniques to increase security.

13. Use a dedicated email for each of your accounts, including your Binance account.

Avoid using the same email address for all of your accounts, as attackers can exploit this information to try to gain access to your other accounts.

14. Constantly check your network of contacts for security threats to avoid social engineering attacks.

Security attacks today are often carried out through impersonation attempts, where attackers pretend to be someone you know or interact with online. You should be very careful about who you communicate with.

15. Identify and avoid phishing campaigns and malware.

Always check the emails you receive and the sites you log in to. Many successful attacks involve fake sites or emails that appear to be from services you have accounts with.

Make sure you always check the address of the site you visit and the senders in your emails.