BINANCE-Square

#BinanceSafetyInsights
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Ok.,Lets We Consider these 14 tips
Authentication and Password
1️⃣ Enable Two-Factor Authentication (2FA): Add an extra layer of security to your account by requiring a verification code sent to your phone or email.
2️⃣ Use a Strong Password: Create a unique and complex password, and consider using a password manager to securely store it.
3️⃣ Enable Login Password: Set up a login password to add an extra layer of protection.
4️⃣ Enable Anti-Phishing Code: Set up an anti-phishing code to protect yourself from phishing attacks.
5️⃣ Use a Secure Email Address: Ensure your email address is secure and not easily accessible to others.
6️⃣ Verify Your Identity: Complete the identity verification process to increase your account limits and security.
7️⃣ Set Up a Withdrawal Whitelist: Restrict withdrawals to specific, trusted addresses.
8️⃣ Enable Withdrawal Password: Require a password for withdrawals.
9️⃣ Monitor Your Account Activity: Regularly check your account activity for suspicious transactions.
🔟 Enable Notifications: Set up notifications for login attempts, withdrawals, and other account activities.
1️⃣1️⃣ Use a VPN*: Consider using a virtual private network (VPN) to encrypt your internet connection.
1️⃣2️⃣ Keep Your Devices and Browsers Up-to-Date: Ensure your devices and browsers are updated with the latest security patches.
Best Practices
1️⃣3️⃣ Be Cautious of Phishing Scams: Be aware of phishing attempts and never provide sensitive information to unknown parties.
1️⃣4️⃣ Use Strong Security Software: Install reputable security software on your devices to protect against malware and other threats.
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#CPI&JoblessClaimsWatch
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If CPI data shows inflation is lower than anticipated, it can signal that central banks, like the U.S. Federal Reserve, might ease monetary tightening (e.g., pause rate hikes or even cut rates). This typically boosts risk assets, including cryptocurrencies, because lower interest rates make borrowing cheaper and reduce the appeal of safe-haven assets like bonds. Investors may pour money into Bitcoin and altcoins, expecting a "risk-on" environment. For example, a softer CPI could weaken the U.S. dollar, further supporting crypto prices since many cryptocurrencies are priced against it.
HIGHER-THAN-EXPECTED CPI:
Conversely, if CPI comes in hotter than expected, it suggests persistent inflation, which could prompt central banks to raise interest rates or maintain a hawkish stance. Higher rates increase the cost of borrowing and make yield-bearing assets like bonds more attractive, often leading to a sell-off in riskier assets like stocks and cryptocurrencies. This can cause Bitcoin and other crypto prices to drop in the short term, as investors shift toward safer investments.