π Crypto Security Checklist
Essential security guide to protect your assets from hacking and phishing.
β οΈ Security in crypto trading is not optional. One mistake can cost you everything.
π¨ Critical Security
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Enable Two-Factor Authentication (2FA)
Critical2FA is the most basic yet effective security measure. Always enable it.
- βInstall Google Authenticator or Authy app
- βEnable 2FA in exchange security settings
- βScan QR code and enter 6-digit code
- βSave backup codes in a safe place (offline recommended)
- βUse app-based auth over SMS (prevents SIM swapping)
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Strong Password Management
CriticalUse unique, complex passwords for each exchange.
- βMinimum 16 characters with upper/lowercase, numbers, symbols
- βUse different passwords for each exchange
- βUse a password manager (1Password, Bitwarden, etc.)
- βNever save passwords in notes or emails
- βChange passwords regularly (every 3-6 months)
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Phishing Prevention
CriticalPhishing is the most common attack vector. Always verify URLs.
- βBookmark official URLs and always access via bookmarks
- βNever click links in emails/messages
- βCheck URL spelling (binance.com vs b1nance.com)
- βVerify HTTPS connection (lock icon)
- βOnly use official apps (download from app stores)
β οΈ Important Settings
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Withdrawal Security Settings
HighSet up additional security for withdrawals to prevent unauthorized transfers.
- βEnable withdrawal whitelist (only registered addresses)
- βSet 24-hour delay for new addresses
- βTriple-check addresses before withdrawing
- βSend small test amount before large transfers
- βEnable withdrawal notifications (email/push)
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Device Security
HighKeep your trading devices secure as well.
- βKeep OS and browser updated
- βUse trusted antivirus software
- βAvoid trading on public Wi-Fi (use VPN)
- βConsider dedicated device or browser profile for trading
- βEnable screen lock (biometric recommended)
π‘ Recommendations
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Asset Distribution
RecommendedDon't keep all assets in one place. Distribute for safety.
- βKeep only trading funds on exchanges
- βMove long-term holdings to hardware wallets (Ledger, Trezor)
- βDistribute across multiple exchanges
- βManage hot/cold wallet ratio (e.g., 20%/80%)
- βStore seed phrases offline securely
β FAQ
What happens to my assets if an exchange is hacked?βΌ
Major exchanges have insurance funds to compensate hack victims. However, there's no 100% guarantee, so store large amounts in hardware wallets.
What if I lose my 2FA app?βΌ
You can recover using backup codes saved during setup. Without backup codes, contact exchange support for identity verification and reset.
Do I really need a hardware wallet?βΌ
For small amounts, exchange storage is fine. For larger amounts ($10,000+), hardware wallets are strongly recommended.