Binance is one of the world’s largest crypto exchanges, but like any digital platform, safety is
key,especially for beginners. Whether you’re just starting your crypto journey or already trading,
taking the right precautions can save you from scams, losses, or costly mistakes. Here’s a simplified
guide to using Binance safely and confidently.
1. Enable Two-Factor Authentication (2FA)
Right after signing up, secure your account with 2FA. Binance supports Google Authenticator and
SMS codes. This adds an extra layer of protection beyond your password.
Tip: Avoid using only SMS-based 2FA, as SIM-swapping is a common tactic used
by hackers.
2. Use a Strong and Unique Password
Don’t reuse passwords from other platforms. A strong password combines upper and lowercase
letters, numbers, and special characters.
Best Practice: Change your password regularly and avoid saving it in browsers.
3. Verify Emails and URLs
Always double-check emails claiming to be from Binance. Official Binance emails come from
@binance.com domains. Also, when logging in, ensure the URL starts with https://www.binance.com.
Watch Out: Phishing links often look very similar—one small typo can lead to a
scam.
4. Use Anti-Phishing Code
Binance lets you set an anti-phishing code. This code will appear in every
official email Binance sends, helping you spot fake ones instantly.
How to Enable: Go to Security settings in your account and create your unique
code.
5. Secure Your Devices
Make sure your phone and computer have the latest security updates, antivirus protection, and a
firewall enabled.
Extra Tip: Avoid using public Wi-Fi when accessing your Binance account. If
needed, use a reliable VPN.
6. Beware of Social Engineering Scams
No Binance employee will ever ask for your password or private details via social media, email, or
phone. Stay alert, especially in Telegram or Twitter groups pretending to be official.
Rule of Thumb: If someone offers “guaranteed profits” or asks for access—run.
7. Use Withdrawal Whitelists
You can set a list of approved wallet addresses for withdrawals. Even if someone hacks your account,
they can’t withdraw funds to unknown addresses.
Set It Up: Go to Wallet > Address Management and enable the whitelist feature
8. Check Device and Login History
Regularly review your login activity in your account settings. If you spot any unknown device or
location, immediately freeze your account and contact Binance support.
9. Stay Updated with Binance Security Notices
Binance frequently posts security updates and scam alerts. Follow their official blog or Twitter
account to stay informed.
10. Don’t Store All Funds on Exchange
For long-term holdings, consider transferring your assets to a personal crypto wallet (hardware or
software). Keep only what you need for trading on the exchange.
Final Thoughts
Staying safe on Binance isn’t complicated—it just takes a few smart habits and some common sense.
By following these simple steps, you can protect your account, your funds, and your peace of mind.
Up Next: Episode #7 – What Is Binance P2P and How to Use It
Curious about how to buy or sell crypto directly from other users without fees? Stay tuned for the next
guide, where we’ll break down Binance P2P and how beginners can use it safely and effectively.
