Wallets and Security | Exchange Accounts and Self-Custody Wallets
Key point: With a self-custody wallet, you keep the private keys yourself. Transfers don’t require approval from any platform, and no one can recover a lost recovery phrase for you.
How to think about it: Exchange accounts are convenient: if you forget your password, you can recover access through a verification process, but your assets’ security depends on the platform itself.
Reminder: Enable two-factor authentication and a withdrawal address whitelist on your exchange account. This is much more secure than relying on a password alone.
$BNB 631.82（-4.03%）
Key point: With a self-custody wallet, you keep the private keys yourself. Transfers don’t require approval from any platform, and no one can recover a lost recovery phrase for you.
How to think about it: Exchange accounts are convenient: if you forget your password, you can recover access through a verification process, but your assets’ security depends on the platform itself.
Reminder: Enable two-factor authentication and a withdrawal address whitelist on your exchange account. This is much more secure than relying on a password alone.
$BNB 631.82（-4.03%）
