The must-know Binance security guidelines if you don’t want to lose your money.
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Binance account security is a top concern for investors. Ensuring the safety of the account helps users feel more secure in investing in cryptocurrencies. This article guides users to apply security principles to keep their accounts safe.
Set your Binance account password to a high level of security, and change your password regularly.
There are several criteria to consider a strong password, including:
- That password is usually longer than eight characters
- The password contains uppercase, lowercase letters, numbers, and special characters
- Do not match passwords on other platforms
A strong password is a must. However, users should not be subjective when using a password for a long time. Because in the process of using, attackers can find a way to hack that password. To reduce the risk of information leakage, users should change their Binance account password after some time.
However, after changing the password, the user cannot withdraw money for 24 hours. Therefore, it is advisable to choose the right time to change the password.
Binance accounts should use two-factor authentication (2FA)
Immediately after opening a Binance account, users should enable 2-factor authentication via SMS and Google Authenticator. In particular, securing your Binance account with Google Authenticator is more appreciated for its safety and stability.
Regularly check the list of devices with access to your Binance account
To ensure that your Binance account is not accessed from a crook’s device, users should regularly check the devices that can access the account.
To check, click on Account Management, select Security, scroll down to find [Device Management], and select [Manage].
If a strange device is detected, or not recognized, or the device has not been used for a long time, press [Delete] to delete the device.
Enable the management of withdrawal addresses.
To prevent fraudsters from accessing accounts and sending crypto on Binance to another account, users should enable the feature to limit the wallet addresses that users can withdraw. To do this, users access [Security], at [Withdrawal Whitelist], click [Enable].
After enabling this feature to withdraw funds from a Binance account, that address needs to be on the list to be added. To add a new address, Binance sends an email confirmation request for the user to confirm.
Therefore, one of the other important passwords that need careful security is Email. If you do not know which wallet to withdraw cryptocurrency too, you can open Trust Wallet. In addition, users can learn several types of hardware wallets to use.
Do not access Binance from 3rd party websites.
Users should only access Binance from the homepage: https://www.binance.com. To avoid confusion, users should save this address instead of entering a new address into the web browser each time they visit. In addition, users can access it from the Binance app to avoid password confusion.
In addition, users can go to [Security] click [Enable] in the [Anti-Phishing Code] section to set up a security code that will help send the correct Binance notification emails from Binance.
Complete KYC verification
Completing the identity verification (KYC) steps and increasing the transaction limit for the account also avoid the crooks taking over the user’s account. A KYC verified account backed by Binance is more convenient and faster when there is a scam problem.
Update Binance Security
Binance regularly upgrades the security levels for its customers. These upgrades are announced via a message on your Binance account or via email or the frequently asked questions or blogs on the Binance homepage. Users need to make sure to update the official information from Binance instead of fake news.
Make sure the Internet connection is safe.
There are many scams though hacking wifi user internet. To ensure safety, limiting access to public Internet networks is recommended when accessing your Binance account. In addition, users should also limit the use of software and intermediary services to access personal devices to avoid bad people from attacking the device and stealing data.
Use reputable anti-virus software.
There are many free anti-virus software containing malicious software that can gain access to the user’s device. Use only reputable, paid antivirus software to be on the safe side. If possible, only access your Binance account on separate devices.
Protect your email and phone carefully
Using two-factor security is quite safe for users. Fraudsters can easily steal a Binance account if they have access to the email and the phone used to receive the two-factor security code.
If possible, it is advisable to use a separate phone device and a separate email just for the security of your Binance account instead of using your regular email and personal phone.
Beware of Binance Support Staff Impersonators
When you have a problem that needs support, only contact Binance through the online chat function on the Binance homepage. Binance does not contact customers directly through calls or social media. Many scams take place by impersonating a Binance employee to get account information.
Users absolutely do not provide OTP codes or provide account login information to anyone, including people claiming to be Binance employees.
Keeping your Binance account secure is important to every user. The user needs to go to [Security] and check the current security level for the account and enable higher security levels. In addition, set up security for your frequently used phone, email, and internet connections to ensure no information leaks.
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