📐 Wallets and security｜Exchange accounts and self-custody wallets
· What it is: When you withdraw funds from an exchange to an on-chain address, the platform actually initiates an on-chain transaction and charges a network fee.
· How to understand it: Exchange accounts are convenient: if you forget your password, you can reset it through a verification process, but the security of your assets also depends on the platform itself.
· Reminder: Enable two-factor authentication and a withdrawal whitelist on your exchange account. This is much safer than relying on a password alone.
$BNB 760（+2.72%）
For record-keeping only; not investment advice.
· What it is: When you withdraw funds from an exchange to an on-chain address, the platform actually initiates an on-chain transaction and charges a network fee.
· How to understand it: Exchange accounts are convenient: if you forget your password, you can reset it through a verification process, but the security of your assets also depends on the platform itself.
· Reminder: Enable two-factor authentication and a withdrawal whitelist on your exchange account. This is much safer than relying on a password alone.
$BNB 760（+2.72%）
For record-keeping only; not investment advice.