The best tips to raise the level of protection for your account in the Binance platform
After the hacking process that Binance went through in mid-2019, the latter published on its official blog a set of tips to raise the level of account protection on the platform.
The best tips to raise the level of protection for your account in the Binance platform
As for the 14 tips to raise the level of protection for your account on the Binance platform, they are as follows:
- Use the two-factor authentication feature (2FA): The two-step verification feature is one of the most secure features to ensure the protection of the account and access information because before entering the platform, a special code must be entered that is sent via a text message to the mobile phone and by entering it, the account is activated automatically or through one of the applications designated for that.
- Check the devices that are allowed when entering your account: When using a new device and entering through it to the platform, a warning is made and not authorized to enter except in the case of approval via the e-mail that the platform sends to your account, here you must be careful to approve the devices that you own and you have authority over them to prevent theft operations
- Use a strong password: Although this advice is taken for granted, many forget this and overlook it, which means that the password is easy to guess, and therefore a strong password must be used consisting of numbers, letters, and symbols.
- Allow withdrawals to trusted addresses: A trusted withdrawal address must be listed and verified before withdrawals.
- Completing the account verification procedures to the second level: The Binance platform has levels of authentication processes, the second level is required to submit official documents to ensure the account holder and a set of features are provided for this level, such as the ability to withdraw 100 Bitcoins and other features.
- Putting some digital currencies in a special wallet: No matter how secure the trading platform is, it uses hot wallets in the custody process to speed up trading operations. It is known that hot wallets are somewhat weak in terms of security in front of cold wallets, so consider keeping some digital currencies in a separate cold wallet.
- Caution when using API software: API software helps allow application programmers to take advantage of the data provided by Binance. In many cases, this software is used improperly, which means a lack of security.
- The next seven tips are focused on and recommended by Binance more due to their necessity in fortifying the account.
- Ensure that your Internet is safe: Using public Wi-Fi networks may put your account at risk through third-party interference in the connection process, so make sure that you only connect to a secure network.
- Use protection software for your device: Ensure that a well-known protection program is installed to avoid viruses and attacks that target bank accounts and log-in accounts for trading platforms.
- Using a phone lock: to prevent any access to the platform account by intruders or when the phone is lost.
- Using the password keeper: The multiplicity of the passwords and their complexity makes the matter of remembering them together somewhat difficult, so you can use one of the password-saving programs.
- Using a dedicated e-mail to log in to the platform: Some use a single e-mail to log in to most of their accounts, which is considered unsafe.
- Invest in two-step verification devices: There are some modern devices that are very popular in the cryptocurrency arena.
- Block Spam and Fraudulent Attacks: We receive a lot of spam every day. They should be carefully checked before continuing to track them.
These were the most important tips for protecting your account on the Binance platform.