🔥 Wallet & Security Tips: Exchange Accounts and Self-Custody Wallets
The old saying, “Not your keys, not your coins,” means that when assets are held on a platform, whether you can access them ultimately depends on the custodian.
Remember to enable two-factor authentication and a withdrawal whitelist on your exchange account. These provide much stronger protection than relying on a password alone.
The $BNB in your Binance account is held in custody by the platform. Only after you withdraw it to your own wallet are the private keys under your control.
If you find this useful, save it so you can refer back to it later.
#BNB
For record-keeping and sharing only; this is not a recommendation to take action.
The old saying, “Not your keys, not your coins,” means that when assets are held on a platform, whether you can access them ultimately depends on the custodian.
Remember to enable two-factor authentication and a withdrawal whitelist on your exchange account. These provide much stronger protection than relying on a password alone.
The $BNB in your Binance account is held in custody by the platform. Only after you withdraw it to your own wallet are the private keys under your control.
If you find this useful, save it so you can refer back to it later.
#BNB
For record-keeping and sharing only; this is not a recommendation to take action.