Former Binance CEO Changpeng Zhao has shared five essential rules to help protect crypto assets from hacks.
His recommendations include purchasing hardware wallets from trusted sellers and verifying transaction addresses directly on the device. Seed phrases should be stored offline, ideally across multiple secure locations.
To protect exchange accounts, he suggests using a dedicated email address, complex passwords, two-factor authentication, and address whitelists. He also advises using a separate device for crypto activities without installing unnecessary software, and avoiding keeping all assets in a single wallet or exchange.
#Crypto #Binance
His recommendations include purchasing hardware wallets from trusted sellers and verifying transaction addresses directly on the device. Seed phrases should be stored offline, ideally across multiple secure locations.
To protect exchange accounts, he suggests using a dedicated email address, complex passwords, two-factor authentication, and address whitelists. He also advises using a separate device for crypto activities without installing unnecessary software, and avoiding keeping all assets in a single wallet or exchange.
#Crypto #Binance