Security on any cryptocurrency platform is crucial. #Binance
Although Binance is one of the largest and most secure exchanges, many of the risks come from user negligence.
Here are 5 important things you should not do on Binance:
* Do not store all your cryptocurrencies there long-term. Although Binance has robust security measures, centralized exchanges are attractive targets for hackers. A fundamental principle in the crypto world is: "If you don't have the keys, they are not your coins." Therefore, to store large amounts of cryptocurrency long-term, the safest option is to use a hardware wallet (cold wallet).
* Do not use the same password as on other accounts. Using unique and secure passwords (with uppercase letters, lowercase letters, numbers, and symbols) is vital. If one of your other accounts is compromised, a hacker could use that same information to try to access your Binance account.
* Do not ignore two-factor authentication (2FA). This is one of the most important security barriers. Do not just use your password. Enable 2FA with an authentication app like Google Authenticator or Authy. Avoid using SMS authentication, as it is more vulnerable to "SIM swapping" attacks.
* Do not access your account from public Wi-Fi networks or unsecured devices. Public Wi-Fi networks can be insecure, and hackers could intercept your data. It is better to use your account only on private networks and on devices that you know are free of malware.
* Do not fall for phishing scams. Scammers often try to steal your login details through emails, messages, or fake websites that mimic Binance. Never click on suspicious links. Always check the URL of the page to ensure it is the official one and set up the anti-phishing code feature on your account to verify that any email from Binance is legitimate.