What are the recommended security measures for storing coins from Binance in a wallet?

1 answers

• Dec 25, 2021 · 3 years ago
  At BYDFi, we understand the importance of securing your coins from Binance in a wallet. One of the recommended security measures is to enable multi-signature (multi-sig) functionality on your wallet. This requires multiple signatures to authorize transactions, providing an added layer of security. Additionally, consider using a cold storage wallet for long-term storage of your coins. Cold storage wallets are offline devices that are not connected to the internet, making them less vulnerable to hacking attempts. It's also a good practice to regularly review and monitor your wallet's transaction history to detect any suspicious activity. By implementing these security measures, you can have peace of mind knowing that your coins are well protected.
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