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Should you keep Crypto-assets on an exchange account or a hardware wallet?
Are you scared of losing your funds on an exchange?
Do you worry about what would happen if the exchange shuts down?
Well, you are not alone in worrying and fearing such thoughts, as this is perhaps the most frequently asked question by newbies. And in this “How to secure crypto exchange account” guide, you will find an answer to all your questions. It doesn’t matter if you are using #Binance exchange or any other popular #cryptocurrencyexchange; as long as you are using an exchange to buy/sell cryptocurrencies or holding your cryptocurrencies, this guide is what you need. In fact, share this guide with your friends and family who are dabbling into the world of cryptocurrencies.
Timestamps:
0:00 Introduction
2:03 Binance account got hacked (Background story)
3:00 How much fund you should keep in your exchange account?
4:59 Use Unique Email Address for exchange accounts
5:58 Activate 2-factor Authentication
7:05 Use Security key Device
7:41 Take the backup key of Google Authenticator
8:16 Enable SMS & Email Authentication
8:53 Enable Address Management
9:20 Enable Anti-phishing code
9:50 Check Device Management periodically
10:15 Update passwords once in a while
10:30 Check Account activity regularly
10:50 Closing thoughts
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The content published on CoinSutra - Simplifying Bitcoin & Cryptocurrency Youtube Channel is for informational, educational, and recreational purposes only and should not be considered to be legal, tax, accounting, or any other professional advice.
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