Follow these essential steps to keep your Binance account secure and protect yourself from hackers:
1. Avoid Storing Extra Funds on the Exchange
Transfer most of your funds to a cold wallet like the Ledger Nano X. Exchanges can be vulnerable to hacking, even the largest ones. Always remember, "Not Your Keys, Not Your Coins."
2. Secure Your Email Account
Use a dedicated email address for your crypto exchanges. Make sure it has a strong password and 2-factor authentication (2FA) to prevent unauthorized access through your email.
3. Backup Your 2FA Key
When setting up 2FA, store the backup key on paper to recover access if your phone is lost. For added security, consider using a physical security key like Yubikey.
4. Whitelist Withdrawal Addresses
Enable address whitelisting so that only pre-approved addresses can withdraw your funds. This protects against unauthorized withdrawals if your account is compromised.
5. Set an Anti-Phishing Code
Add an Anti-Phishing Code to your account to verify that emails from Binance are legitimate and not phishing attempts.
6. Manage Your Devices
Regularly review and remove any old or unrecognized devices from your account to ensure no one else has access.
7. Secure Binance API Keys
If using Binanceâs API, follow these guidelines:
Create API keys only when necessary.
Use them only on trusted platforms.
Never enable deposit/withdrawal permissions.
Delete any unused API keys.
Stay safe and protect your funds by following these tips!
