1. Why Is Security the Top Priority?
Cryptocurrency hacking losses in 2025 alone reached approximately $2.3 billion. However secure the exchange itself is, you can lose your assets if your personal account is compromised. Configuring all 10 items below can block more than 99% of hacking risk.
2. Ten Essential Security Settings
① Google Authenticator (2FA): The First Priority
SMS authentication is vulnerable to SIM-swapping attacks. Use Google Authenticator or Authy. Go to Security → Two-Factor Authentication → Enable Google Authenticator. Always keep a physical copy of the backup key, written on paper and stored in a safe.
② Anti-Phishing Code
Every official email from Binance displays a unique code you have set. An email without that code is 100% phishing. Go to Security → Anti-Phishing Code → set a code of 4–20 characters.
③ Withdrawal Allowlist
Withdrawals are allowed only to addresses registered beforehand. After enabling it, a newly added address requires a 24-hour wait before withdrawals. Even if the account is hacked, funds cannot be withdrawn to an unregistered address.
④ A Unique Password
Create a password used only for Binance. Use at least 12 characters, combining uppercase and lowercase letters, numbers, and symbols. A password manager such as 1Password or Bitwarden is strongly recommended.
⑤ Enable 2FA on Your Email Too
A compromise of the email linked to Binance can defeat your account protection. Enable 2FA on the email account itself, for example Gmail with Google Authenticator.
⑥ Device Management
Under Security → Device Management, regularly review logged-in devices. Remove any unrecognized device immediately and change your password.
⑦ API Key Management
Delete unused API keys immediately. Always configure IP restrictions, and never grant withdrawal permission to an API key.
⑧ Avoid Public Wi-Fi
Do not access Binance through public Wi-Fi at cafes or airports. A man-in-the-middle attack, or MITM, can steal login information. If unavoidable, use a VPN.
⑨ Watch for Phishing URLs
Binance's official URL is binance.com. Never visit similar-looking addresses such as blnance.com or binance-login.com. Save the official site as a bookmark and use that bookmark every time.
⑩ Regular Security Reviews
Review your security settings at least 1 time a month. If you notice suspicious activity, immediately change the password, log out of all sessions, and contact support.
🛡️ The SAFU Fund
Binance operates SAFU, the Secure Asset Fund for Users, in preparation for hacks. It reserves part of trading fees to compensate user assets in emergencies. It has a record of full compensation after the 2019 hack.
3. Checklist
- ✅ Enable Google Authenticator.
- ✅ Set an anti-phishing code.
- ✅ Enable the withdrawal allowlist.
- ✅ Use a unique password of 12+ characters.
- ✅ Enable email 2FA.
- ✅ Review device management.
- ✅ Delete unnecessary API keys.
- ✅ Bookmark the Binance URL.
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