Risks and Best Practices

Keys and Seeds: Never share your seed. Use offline support for significant amounts.

Contracts: Bugs, overly broad permissions, uncontrolled upgrades. Check reputation, audits, and admin settings.

Phishing and Scams: Cloned sites, fake airdrops, malicious apps. Verify official links and contracts.

Liquidity: Shallow depth and LP lock can amplify drawdowns and spreads.

MEV: Some interactions can be frontrun, especially on illiquid pairs.

What this means: Always evaluate the security (admin access, audits), liquidity, and authenticity of links before interacting.

#SecurityAlert #BinanceAcademy