Protect your Binance account from hackers by following these important steps:
1. Don't keep extra funds on the exchange
Always transfer the bulk of your funds to a cold wallet, such as the Ledger Nano X. Exchanges are vulnerable to hacking, and history shows that even the largest platforms are at risk. Remember: “Not your keys, not your coins.”
2. Secure your email account
Use a separate email address for your cryptocurrency exchanges. Make sure it has a strong password and two-factor authentication (2FA). This will prevent unauthorized access through your email.
3. Backup key for 2FA
When setting up 2FA, keep a backup key on paper so you can regain access if you lose your phone. For maximum security, consider using a physical security key, such as a Yubikey.
4. Whitelist of addresses
Enable address whitelisting so that only pre-approved addresses can withdraw your funds. This prevents unauthorized withdrawals in case your account is compromised.
5. Install the anti-phishing code
Add the anti-phishing code to your account to ensure that emails from Binance are genuine and not phishing attempts.
6. Device management
Check regularly and remove any old or unrecognized devices from your account. This will ensure that no one else has access to your account.
7. Binance API Key Security
If you are using the Binance API:
Only create API keys when needed.
Use them only on trusted sites.
Never give permission to deposit/withdraw funds.
Remove unused API keys.
Take care of yourself and protect your funds by following these steps! 🔒
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