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How to secure your Binance account
Securing your Binance account is crucial to protect your assets. Here are some tips and best practices based on the experiences and advice shared by Redditors:
Enable Two-Factor Authentication (2FA)
Use Hardware 2FA: Consider using a hardware security key like a Yubikey. Hardware 2FA is more secure than SMS or app-based authenticators. "I would highly recommend buying Yubico Key. It costs $50 but you will have piece of mind."
Avoid SMS Authentication: SMS authentication is vulnerable to SIM swap attacks. "I removed SMS Auth and just kept the Google authenticator method setup when I found out this was possible."
Set Up Whitelisting
Enable Address Whitelisting: This feature allows you to specify the only addresses where you can withdraw your funds. "Set whitelist addresses to only withdraw to these (a new one gets active after 24 hours)."
Use Strong and Unique Passwords
Password Manager: Use a password manager to generate and store strong, unique passwords for each of your accounts. "Password manager! it's stupid not to use them for anything worth hacking
#SecureTomorrow #secure_account #NEWTBinanceHODLer #BinanceTGEXNY
Securing your Binance account is crucial to protect your assets. Here are some tips and best practices based on the experiences and advice shared by Redditors:
Enable Two-Factor Authentication (2FA)
Use Hardware 2FA: Consider using a hardware security key like a Yubikey. Hardware 2FA is more secure than SMS or app-based authenticators. "I would highly recommend buying Yubico Key. It costs $50 but you will have piece of mind."
Avoid SMS Authentication: SMS authentication is vulnerable to SIM swap attacks. "I removed SMS Auth and just kept the Google authenticator method setup when I found out this was possible."
Set Up Whitelisting
Enable Address Whitelisting: This feature allows you to specify the only addresses where you can withdraw your funds. "Set whitelist addresses to only withdraw to these (a new one gets active after 24 hours)."
Use Strong and Unique Passwords
Password Manager: Use a password manager to generate and store strong, unique passwords for each of your accounts. "Password manager! it's stupid not to use them for anything worth hacking
#SecureTomorrow #secure_account #NEWTBinanceHODLer #BinanceTGEXNY
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