🔒 #CryptoSecurity101 Protect Your Cryptos Like an Expert
Did you know that 90% of hacks in crypto are due to avoidable mistakes? Here are essential measures to keep your funds safe on Binance and beyond:
5 Security Pillars
1️⃣ Layered Authentication
Use 2FA (Google Authenticator, not SMS) for your Binance account.
Enable address whitelist for withdrawals.
2️⃣ Key Management
NEVER share your 12/24 seed words.
Consider a hardware wallet (Ledger/Trezor) for large amounts.
3️⃣ Secure Smart Contracts
Verify contracts on Etherscan/BscScan before interacting.
Reject infinite permissions on DEXs (revoke them regularly).
4️⃣ Phishing Awareness
Be wary of links in DMs or "urgent" emails.
Only access Binance from the official site (bookmark it).
5️⃣ Cold Backups
Store your keys on paper/metal, never in the cloud.
Raw Data
⚠️ In 2023, $1.7B was lost due to hacks in DeFi (Immunefi). Most due to avoidable failures.
Your turn: What security method has saved you from disaster? 👇