📌 Wallets and Security|Exchange Accounts and Self-Custody Wallets
· What they are: With a self-custody wallet, you hold your own private keys. Transfers don’t require approval from any platform, and no one can help you recover a lost recovery phrase.
· How to think about them: Exchange accounts are convenient: if you forget your password, you can recover access through identity verification. But the security of your assets also depends on the platform itself.
· Reminder: For exchange accounts, remember to enable two-factor authentication and a withdrawal whitelist. These offer much stronger security than relying on a password alone.
$BNB 679.61(-1.37%)