Web3Safety

Recently, I came across a Binance Blog article that opened my eyes to the dangers of using second-hand Binance accounts. In gaming, people often buy accounts with rare items, but in crypto, this practice is risky and can even be dangerous.

Second-hand accounts come with too many problems. Login details like usernames, passwords, or recovery phrases could already be compromised by the previous owner. Devices linked to those accounts might be infected with malware, putting not just the account but also the entire digital system at risk. On top of that, if the account was ever used for illegal activities, the new holder can easily get into legal trouble. Even worse, old owners can still access the account and initiate unauthorized transactions.

Using such accounts also breaks Binance’s User Agreement. That means suspension or even permanent banning — and that could mean losing all the assets inside.

A recent example really showed the danger: a second-hand account was being sold on Binance Square as “ready-to-use” with altcoins inside, priced at 90% of the portfolio value. It looked like a bargain, but the risks were huge. The original owner could still access it, or the account might bypass identity verification, which brings compliance and legal problems. A so-called shortcut like this can turn into a costly mistake.

The safest path is simple: create and secure a personal Binance account. Strong security practices are a must — enabling 2FA, using passkeys, setting up email verification, employing physical security keys, managing devices, and whitelisting withdrawal addresses. Adding data encryption, monitoring activity, and reporting anything suspicious to Binance Support are also key steps.

Second-hand accounts may look appealing at first glance, but the hidden dangers can compromise funds and even identity. A personal, verified, and well-protected account is the only way to stay safe. Security is not a one-time setup — it’s a continuous process. Staying updated through Binance’s Security Series can help anyone trade and explore Web3 with confidence.
#Binance #CryptoSecurity #Web3Safety #CryptoTips #StaySecure

In 2025, crypto hacks are still happening—but most are totally preventable. Here are the top 3 mistakes you should avoid:
1. Reusing passwords: Use a password manager and enable 2FA for all your crypto accounts.
2. Keeping assets on exchanges: If you're not actively trading, store crypto in a hardware wallet.
3. Falling for phishing links: Always double-check URLs and never sign transactions you don’t understand.
You don’t need to be a tech expert to stay safe—just follow best practices.
What security tips do you swear by?

#CryptoSecurity #Web3Safety #BinanceTopGainer #Dogecoin‬⁩ #BinanceSquareFamily

Hello learners and aspiring explorers of the crypto world! I am Professor Crypto, and today we will dive into a very crucial topic that is unfortunately often overlooked: social engineering. You may be familiar with phishing, attempts to trick you into giving sensitive information such as passwords. However, believe me, the world of digital scams is far broader and more insidious than just fake emails or suspicious links.
Imagine this: The crypto world is like a magnificent treasure house, full of potential wealth, innovation, and financial freedom. But behind the glitz, there are also "robbers" tirelessly seeking gaps. They are not just lurking for your door keys (like phishing), but also trying to manipulate your mind, playing on emotions, curiosity, or even greed. This is what we call social engineering. It is the art of psychological manipulation, where scammers exploit basic human traits to gain access to your assets or information.