Your comprehensive guide
As more and more new users join the Binance platform, it becomes increasingly important to raise awareness about effective security methods to keep their digital assets safe and secure. In this article, we will provide you with practical tips and simple guidelines to help Binance users in the UAE protect their digital assets from risks. So, to learn more about these methods and how to protect your digital currencies on Binance, we advise you to complete this article until the end!
1. Choose a strong and unique password.
The importance of the password
A strong password is the first line of defense for your account. Using weak or duplicate passwords makes your account more vulnerable to being hacked.
How to set a strong password:
Make the word length at least 12 characters.
Use a mix of uppercase and lowercase letters, numbers, and symbols.
Avoid using personal information such as names or dates.
Change your password every 3 to 6 months.
Tip: Don't save your password on unsecured devices or share it with anyone.
2. Activate the two-factor authentication (2FA) feature
What is two-factor authentication?
An additional layer of security requires a verification code in addition to the password.
Activation steps on Binance:
Go to your security settings and select “Two-factor authentication.”
Download the Google Authenticator or Binance Authenticator app.
Save the redemption code provided during setup in a safe place.
Benefit:
Even if someone gets your password, they won't be able to access your account without the two-factor authentication code.
3. Monitor devices linked to your account
Why should devices be monitored?
Sometimes your account may be hacked and accessed from unauthorized devices. Regularly monitoring devices ensures that your account is only used from your personal devices.
How to manage devices:
Open the security settings in your Binance account.
Select Device Manager and review the list.
Remove any foreign device immediately.
Tip: Enable login alerts to get notified when you try to log in from a new device.
4. Manage trusted withdrawal addresses
What is the trusted addresses feature?
A feature that prevents funds from being withdrawn except to specific addresses known to you.
Activation steps:
Go to Security Settings and select "Manage Addresses".
Add the withdrawal addresses you use regularly.
Enable Trusted Withdrawal Addresses to receive a notification when you try to add a new address.
Benefit:
Avoid any unauthorized withdrawal in case of account hacking.
5. Phishing Protection
What is phishing?
Phishing is an attempt to obtain your personal information through fake websites or fraudulent messages.
How to protect:
Always check that the URL starts with https://www.binance.com.
Do not click on suspicious links in messages or advertisements.
Activate the “Anti-Phishing Code” in your account, which is a code that appears in all official Binance messages.
Tip: If you receive a suspicious message claiming to be from Binance, report it immediately.
6. Use an external wallet to store assets
Why do you need an external wallet?
Leaving all your digital assets on Binance could put them at risk in the event of a hack on the platform.
Best practices:
Use a hardware wallet like Ledger or Trezor to store long-term assets.
For software wallets, choose trusted apps like Trust Wallet or MetaMask.
Keep your wallet recovery phrase in a safe place away from the Internet.
Additional tips for protection in the UAE
Keep the Binance app up to date: Make sure to download the latest version of the app to ensure it has the latest security features.
Enable account notifications: To receive instant alerts for any unusual activity.
Beware of scams: Do not trust anyone claiming to be Binance who asks for your personal information without verification.
Here we come to the end of the article on protecting your digital currencies on Binance in the UAE. We hope that you found it useful and enjoyable. Wait for us in upcoming articles on the Arab Whales website!