Should you keep your assets on an exchange or transfer them to your own wallet?
Transfers between users on the same platform are usually processed on the platform’s ledger, not on-chain, so they’re often fast and don’t incur network fees.
Key takeaway: Remember to enable two-step verification and a withdrawal whitelist on your exchange account. They’re much more secure than relying on a password alone.
The $BNB in your Binance account is held in custody by the platform. Once you withdraw it to your own wallet, you’re responsible for safeguarding the private keys.
Only download apps for your computer from official sources. Don’t install software sent to you by someone else.
Transfers between users on the same platform are usually processed on the platform’s ledger, not on-chain, so they’re often fast and don’t incur network fees.
Key takeaway: Remember to enable two-step verification and a withdrawal whitelist on your exchange account. They’re much more secure than relying on a password alone.
The $BNB in your Binance account is held in custody by the platform. Once you withdraw it to your own wallet, you’re responsible for safeguarding the private keys.
Only download apps for your computer from official sources. Don’t install software sent to you by someone else.