“Not your private keys, not your coins”—what does that really mean?
With a self-custody wallet, you control the private keys yourself. Transfers don’t require approval from any platform, and no one can recover your lost recovery phrase for you.
Enable two-factor authentication and a withdrawal whitelist on your exchange account. This offers far better protection than relying on a password alone.
The $BNB in your Binance account is held in custody by the platform. Once you withdraw it to a self-custody wallet, you control the private keys yourself. Currently: 741.47.
When did you figure this out?
#BNB
With a self-custody wallet, you control the private keys yourself. Transfers don’t require approval from any platform, and no one can recover your lost recovery phrase for you.
Enable two-factor authentication and a withdrawal whitelist on your exchange account. This offers far better protection than relying on a password alone.
The $BNB in your Binance account is held in custody by the platform. Once you withdraw it to a self-custody wallet, you control the private keys yourself. Currently: 741.47.
When did you figure this out?
#BNB