#CryptoSecurity101 #CryptoSecurity101
Binance's crypto security relies on multiple layers, including robust account-level features, organizational security systems, and user-level practices. Key security measures include two-factor authentication (2FA), whitelisted withdrawal addresses, anti-phishing codes, and device management. Binance also uses advanced organizational systems like threshold signature schemes (TSS) and employs a SAFU fund to reimburse users in case of losses.
Account-Level Security Features:
Two-Factor Authentication (2FA):
2FA, including email verification, phone app, and authenticator, adds an extra layer of security to prevent unauthorized access.
Whitelisted Withdrawal Addresses:
Restricts withdrawals to pre-defined addresses, preventing unauthorized transfers.,,,,,,,,,.......