Binance Square
LIVE
LIVE
Stuttering cryptopoet
--214 views
Another tip for those who are in their first bullmarket and a reminder for everyone else: - DO NOT SHARE your Binance password with anyone. Even though this seems obvious for everyone, let's say you may be facing an issue in your account and decide to seek help on some Telegram group ou somewhere else on the internet. Some scammers disguised as "support", "tech assistant", "helper" or anything similar may come in touch with you and ask for your password as a way to solve your problem. Obviously, they will only not solve your problem but also steal all your cryptos. - HAVE A 2 FACTOR AUTHENTICATION, either Google Authenticator, mobile text message, e-mail or all of them to login in your Binance account. This will make things a lot more difficult for someone that may have your password to steal your cryptos. - HAVE A ADDRESS WHITELIST to withdraw funds from your Binance account. Even if you don't have a wallet outside Binance, you should use this feature, as if someone tries to send any token from your account to someone else's, he or she will have to add all the separated authenticators you previously added to your account. This may come in handy in case you lost your smartphone that has your Binance account logged in. - ENABLE NOTIFICATIONS. If everything else fails, at least you'll get a notification that someone logged into your account or thar "you" sent some funds and can try to make something before it gets worse. Remember, there's no way to defeat all those scammers, but we can always be ahead of them by learning their most common scams and be prepared for them. Share this post so more people can learn those tips and avoid losing their hard earned $BTC to some criminal. #Write2Earn‏ #Safety #Tips

Another tip for those who are in their first bullmarket and a reminder for everyone else:

- DO NOT SHARE your Binance password with anyone. Even though this seems obvious for everyone, let's say you may be facing an issue in your account and decide to seek help on some Telegram group ou somewhere else on the internet. Some scammers disguised as "support", "tech assistant", "helper" or anything similar may come in touch with you and ask for your password as a way to solve your problem. Obviously, they will only not solve your problem but also steal all your cryptos.

- HAVE A 2 FACTOR AUTHENTICATION, either Google Authenticator, mobile text message, e-mail or all of them to login in your Binance account. This will make things a lot more difficult for someone that may have your password to steal your cryptos.

- HAVE A ADDRESS WHITELIST to withdraw funds from your Binance account. Even if you don't have a wallet outside Binance, you should use this feature, as if someone tries to send any token from your account to someone else's, he or she will have to add all the separated authenticators you previously added to your account. This may come in handy in case you lost your smartphone that has your Binance account logged in.

- ENABLE NOTIFICATIONS. If everything else fails, at least you'll get a notification that someone logged into your account or thar "you" sent some funds and can try to make something before it gets worse.

Remember, there's no way to defeat all those scammers, but we can always be ahead of them by learning their most common scams and be prepared for them. Share this post so more people can learn those tips and avoid losing their hard earned $BTC to some criminal.

#Write2Earn‏

#Safety

#Tips

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
0
Explore the lastest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator
LIVE
@Stuttering_Cryptopoet

Explore More From Creator

--
If you are going to invest your money outside Binance, some of these tips may even apply here. Have the following things in mind: - If someone offers you "free $WLD " or any other token, IT IS NOT FREE. You most likely will have your account, wallet, or personal data stolen, like facial biometrics or other things. Do not fall for it. - Be very careful with projects that tell you that you are going to have quick, extraordinary returns. Those are often rugpulls, and you are going to be rugged before you can exit. - Avoid projects that have complex tokenomics, like having a high selling tax. Those usually lock you in and make it harder for you to sell the token, as the fees for the transaction can be higher than 50% of the transaction value itself. - ALWAYS CHECK THE WEBSITE you are navigating and DO NOT CLICK on Google advertised pages. Scammers like to mimic the original pages to make phishing attacks on your wallets and drain them totally when you connect them. - When sending or swapping coins/tokens, ALWAYS CHECK THE RECIPIENT/CONTRACT ADDRESS. If you send your coins to the wrong address or interact with the wrong contract, it is almost 100% sure your coins will be forever lost. - Keep in mind that all transactions have to pay a fee to be executed, so have some $BNB , $SOL or other coin that is native to the blockchain you are operating in your wallet and you won't run out of gas. - A good practice is to have several wallet addresses and keep your funds in different wallets. This way, if a wallet gets compromised for any reason, you do not lose all your money. - Please, do not enter in any "pump and dump" group. These groups are designed in a way so only a few can actually get some profit. You need to have a trader bot to have any chance to compete with them, so unless you have one of these and do know what you are doing, stay away, or you WILL lose money. Remember: the only way to beat a scammer is to know what they are up to. So share this post so more people get to know these tips, and in this bullmarket, there will be several new people over here
--
As some of you may have or will have a wallet outside Binace, let me share some more tips so you can be safe out there: - DO NOT SHARE YOUR SEED PHRASE with anyone. This is normally 12 words that works as password of your wallet. If someone knows it, it has total access to your wallet and may transfer funds to any other wallter - DO NOT STORE YOUR SEED PHRASE IN A DIGITAL DEVICE. I would recommend you to write it down on a piece of paper and keep it somewhere safe, like in a locker, as if someone has access to your computer or smartphone that also has a copy of your file containing the Seed phrase, you would be in trouble. - AVOID SHARING YOUR WALLET ADDRESS. This may attract unwanted attention to it and some devoted hacker may take it personally. - AVOID CONNECTING YOUR WALLET ON SUPSICIOUS WEBSITES. Even though you are only authorizing a connection so the website can see your balance in a certain coin, this website can be infected and may transfer any other coin to another wallet and when you noticed, they'll be long gone. - THERE ARE SEVERAL NETWORKS OUT THERE. You should do your own research, look for the one that suits your needs better and get the proper wallet thar works with this network. Still, there will be scammers everywhere - MOST COINS OUT THERE ARE SCAMS OR ARE DEAD. Here in Binance, you have a team of people working for you trying to separate the best coins out there from the not so goods ones. But if you are trying to get this coin before they are listed here, the only option is to get out of here and try to find and buy then before they get listed. - DO YOUR OWN RESEARCH. Not only regarding the coin itself, if you should buy it or not, but also because you will find many coins that have nearly the same name of the one you are currently buying, so be extra careful with those as they are fraudulent. Be sure about the contract address you are interacting with, if it was obtained from CoinGecko or somewhere reliable, as if you interact with the wrong address, then your $BNBs or any other coin are gone forever. #Write2Earn #Tips #Safety
--

Latest News

View More

Trending Articles

View More
Sitemap
Cookie Preferences
Platform T&Cs