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.